10-January-2026
Economy News
 
India faces early prospect of 500% tariffs in US market
09-Jan-2026

Three days after US President Donald Trump warned of raising tariffs on India ‘quickly’, a bill that can take them to as high as 500% could be put to vote in the US congress as early as next week. Trump after his meeting with co-sponsor of Sanctioning Russia Bill senator Lindsey Graham gave his approval for it. “The bill will allow President Trump to punish those countries who buy cheap Russian oil fuelling Putin’s war machine,” Graham posted on X after meeting Trump.

News Source:- https://www.financialexpress.com/policy/economy/india-faces-early-prospect-of-500-tariffs-in-us-market/4101202/?ref=business_hp
 
 
 

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