US Sanctions Act puts India at risk of tariffs of up to 100 pc: GTRI

The recently introduced US House bill might enforce a staggering 100 percent tariff on goods from India, aiming at nations buying Russian energy resources. India, which has grown increasingly dependent on Russian crude oil—now covering more than 88 percent of its needs—faces significant challenges. With Gulf supplies dwindling, India must steadfastly safeguard its energy policy while entering robust dialogues with Washington.

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