|
|
 |
Economy News |
| |
|
Examining US tariff law on Russian oil purchase: Goyal
22-Sep-2026
India is examining the details of the new US legislation that gives President Donald Trump the power to impose tariffs of up to 100% on countries buying Russian oil and gas, Commerce and Industry Minister Piyush Goyal said on Monday.
Asked about the government’s backup plan in case Washington imposes additional tariffs on Indian exports, Goyal said, “Details are currently coming; once we have studied them, and at an appropriate time, we will discuss with you.” Trump signed the Lindsey O Graham Sanctioning Russia and Iran Act of 2026 on September 18, giving his administration a new, Congress-backed instrument to impose tariffs of up to 100% on goods from major buyers of Russian energy.
News Source:- https://www.financialexpress.com/policy/economy-examining-us-tariff-law-on-russian-oil-purchase-goyal-4344252/?ref=economy_hp
|
|
| |
| |
|
|
 |
 |
Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail
For suggestions and feedback click here.
Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office :
IMC Bldg., IMC Marg,
Churchgate, Mumbai - 400 020 India | Tel : 91-22-71226633 | Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org | Website : www.imcnet.org |
|