How US bill proposing 100% tariffs over Russian oil purchase could hurt India
India, Aug. 8 -- India is likely to feel the heat of sanctions over its purchase of Russian oil as the US Senate on Friday approved by 86 votes to 11 a bill that would authorise tariffs of up to 100% on countries buying Russian fuel and other exports.
India is among five target economies by the bill's sponsors even as US allies in Europe are spared for similar purchases. This sweeping sanctions legislation has been authored by late Senator Lindsey Graham and was moved in the Senate late last month.
The bill now moves to the House of Representatives, where Republicans control the floor calendar and where its passage in identical form is the last hurdle before it reaches President Donald Trump for signature. Trump, whose officials helped ...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.