Navigating the US tariff threat — India’s dual test on energy and exports
· thehindubusinessline.com
The US’ fresh tariff threat puts renewed pressure on India’s exports. The US House of Representatives has approved a Bill that could allow President Trump to levy tariffs up to 100 per cent on nations that purchase Russian energy, including India. The proposed 100 per cent tariff, not yet in effect pending the President’s signature, comes amid ongoing India-US trade negotiations with potential implications for India’s energy security and purchase of Russian energy, the competitiveness of Indian exports in the US market, cross-border supply chains, and the broader direction of bilateral economic and strategic ties
The US’ fresh tariff threat puts renewed pressure on India’s exports. The US House of Representatives has approved a Bill that could allow President Trump t...