Law that allows Trump to impose 100% tariffs on India to come into effect in 30 days
The new law signed by US President Donald Trump that allows him to impose up to 100% tariffs on India and other countries importing Russian oil will come into effect in 30 days. The law gives Trump discretion over implementation, including which countries face tariffs, the tariff rates imposed, and whether sanctions are waived. The legislation targets Russia's "shadow fleet".