Tag: Donald Trump tariffs on India

India’s shift away from Russian oil imports predates Trump tariffs

India’s shift away from Russian oil imports predates Trump tariffs

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The reduction of Russian oil is not just in absolute terms, but also in terms of its share in India’s total oil imports. File. | Photo Credit: Reuters India is implementing a larger strategy to reduce its dependence on oil imports from Russia, with the higher tariffs imposed by the U.S. coming at a time when […]

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Indian fuel exports escape Trump’s tariff net, no Russian penalty yet

Indian fuel exports escape Trump’s tariff net, no Russian penalty yet

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India’s exports of petroleum products such as diesel and jet fuel to the U.S. continue to be exempted from the levy of any import duty or tariff, and President Donald Trump has, for now, not indicated the penalty he plans to impose to deter New Delhi’s energy trade with Russia. On Wednesday, Mr. Trump had […]

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