US tariffs and exemptions affecting India
A proposed US law could allow tariffs of up to 100% on the largest buyers of Russian oil, potentially affecting India. A report said the US exempted India and 19 other nations from 100% tariffs on certain speciality drugs.
Timeline
Monday, 28 September
- US exempts India and 19 nations from 100% tariff on certain speciality drugs: Report
US exempts certain speciality drugs and ingredients imported from India from tariffs
Sunday, 27 September
- US trade deal could shield India from 100% tariff under Russian sanctions law: Sources
Graham Act allows tariffs of up to 100% on the largest buyers of Russian oil
