US Passes Bill Including Provision for 100 Percent Tariff on India

The record

Written from the 1 report below. Nothing here is unsourced.

The US House of Representatives has passed a bill that authorises tariffs of up to 100 percent on the five biggest buyers of Russian oil and gas.
India is among the countries that could face these tariffs, along with China, Slovakia, Hungary and Azerbaijan.
The bill, formally called the Lindsay Graham Sanctioning Russia and Iran Act of 2006, cleared the House by 262 votes to 159 and has already passed the Senate.
The bill does not force the US President to impose tariffs on countries buying Russian energy, and it includes a waiver for some European allies of the United States.
The bill now goes to President Donald Trump for his signature, and if the tariffs are applied, Indian exports to the US could be hit with duties of up to 100 percent.

Whether President Donald Trump signs the bill into law.
Whether the US administration chooses to actually impose the 100 percent tariffs on India or holds back, since the bill makes the action optional.
How India responds and whether it reduces its purchases of Russian oil and gas.

1 report

Indian-language1

All filed from India

Named India · United States · Russia · China · Slovakia · Hungary · Azerbaijan · Donald Trump · Lindsey Graham

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