India, Sept. 20 -- The potential economic exposure is significant because the additional duty, if imposed, would apply to Indian goods entering the US and not merely to Russian oil purchased by India.

US President Donald Trump has signed into law legislation that gives his administration a new statutory mechanism to impose additional duties of up to 100% on goods imported from countries that meet specified criteria relating to Russian oil and gas purchases or sanctions evasion, potentially exposing Indian exporters to a major new trade risk while also putting pressure on New Delhi's energy-security calculations. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 was signed by Trump on Friday after being passed by the US House ...