India Faces 500% US Duty Risk Over Russian Oil as Trump Backs Sanctions Bill

India could face the threat of steep secondary sanctions from the United States, including punitive duties of up to 500%, after US President Donald Trump backed a bipartisan bill targeting countries that continue trade with Russia, particularly in oil and energy. American Senator Lindsey Graham said President Trump has “greenlit” the proposed legislation, part of … Continue reading India Faces 500% US Duty Risk Over Russian Oil as Trump Backs Sanctions Bill