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Trump has paused the law providing for 100% tariffs on major importers of Russian energy, easing the immediate risk of penalties for India. However, Washington could still pressure New Delhi on the issue in the future.
India’s energy imports and trade connections with the United States have been under pressure over its Russian oil purchases. But now, there is some relief | Bitget crypto news!
US President Donald Trump has waived crucial sanctions, and tariffs targeting Russia and countries purchasing its oil and gas, thus providing temporary relief to India against 100% tariffs over its Russian energy imports