Politics · India

US Senate advances Russia sanctions bill, threatening India with tariffs

The US Senate has advanced a bill imposing sanctions on Russia, which includes provisions that could result in 100% tariffs on Indian goods. The bill, authored by the late Senator Lindsey Graham, passed its first hurdle in the Senate. Indian Commerce Minister Piyush Goyal stated that an India-US trade deal is ready once a competitive tariff edge is restored, calling the proposed 100% US tariff 'speculation'. India is closely monitoring the bill, which will now move to the House of Representatives. Former President Trump commented that the bill was 'not necessary, but...'.

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