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(photo by biju boro / afp) a proposed us sanctions bill, backed by trump, could let the president impose a 500% tariff on indian goods if india keeps buying russian oil. President donald trump hints at potential new tariffs on india over russian oil purchases, expressing dissatisfaction during a recent air force one interview. Us president donald trump has renewed pressure on india over its purchase of russian oil, warning that tariffs could be raised if new delhi does not cooperate on the russia.
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Experts have called it a bid to appease trump ahead of. Trump has publicly expressed displeasure over india’s russian oil imports, warning that washington could raise tariffs “very quickly”, even as new delhi begins to cut purchases. India, unlike china, canada and the european union, is actively seeking to appease the trump administration and is open to cutting tariffs on over half of us imports worth $23 billion,.
The tariff hike, which will come into effect on january 1, 2026, will see duties up to 50% on indian imports.
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