Trump's 100% Russian Oil Tariff U-Turn Offers Temporary Relief to India
The Global Trade Research Institute (GTRI) warned that Donald Trump's waiver of the threatened 100% tariffs on Russian oil buyers provides only temporary relief to India. Washington can reinstate the duties anytime. GTRI cited US purchases of Russian diesel, tariff protection for China, and ongoing India-US trade talks as reasons. It urged New Delhi to safeguard energy security and avoid permanent trade concessions for reversible tariff relief.
Economic Times·


