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The Economic Times

Economy / The Economic Times

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Trump signs Russia-Iran sanctions law, opens door to 100% tariffs on India

US President Trump signed the Sanctioning Russia and Iran Act into law. This legislation imposes significant tariffs on Russia and its energy buyers. China and India face potential 100 percent duties on Russian oil and gas. The act targets Russia's leadership and energy sector directly. It also addresses collaborators in Moscow's defense industry.

19 Sep 2026 6:14 am