US House Advances Bill That Could Impose 100% Tariffs on India and Other Russian Energy Buyers

The U.S. House of Representatives has advanced legislation that could give President Donald Trump the authority to impose tariffs of up to 100% on goods from countries that continue to purchase Russian oil and gas, putting India and several other major Russian energy buyers in the spotlight. The measure cleared a key procedural hurdle in […]

Trump Says India Offered to Cut Tariffs on U.S. Goods to Zero

Trump Says India Offered to Cut Tariffs on U.S. Goods to Zero

President Trump said that India has offered to reduce tariffs on U.S. goods to zero, though he criticised the timing of the offer. While describing the U.S.-India trade relationship as unbalanced, Trump wrote on his Truth Social platform: “They have now offered to cut their Tariffs to nothing, but it’s getting late. They should have […]