18-September-2026
Economy News
 
Exporters jittery as US mulls 100% tariff under Russia Sanctions Bill
17-Sep-2026

Indian exporters braced for renewed uncertainty in the US market on Wednesday as the House of Representatives prepared to vote on a Russia Sanctions Bill that could empower President Donald Trump to impose tariffs of up to 100% on countries continuing to buy Russian energy. “We are concerned. Trade and industry are concerned about what happens after the Bill is passed because it would result in massive uncertainty,” Federation of Indian Export Organisations director general and CEO Ajay Sahai said.

News Source:- https://www.financialexpress.com/policy/economy-exporters-jittery-as-us-mulls-100-tariff-under-russia-sanctions-bill-4340655/?ref=economy_hp