business π€ Trump's 100% tariff threat on India?
The threat of 100% US tariffs on Russian oil buyers could give Washington leverage in trade talks with India. Rajoshri Roy noted this tariff could make US trade unsustainable for India if enforced. India is unlikely to cut Russian crude imports, which currently meet 50% of its energy needs. Such penalties might affect India-US relations, though past exemptions exist. Both nations are expected to find common ground on this issue eventually. π