The US has given its President Donald Trump a powerful new tool to target countries that continue to buy Russian oil and gas, potentially putting India in the line of fire. But there is an important catch: the law does not automatically impose a 100% tariff on all Indian goods.
In other words, the headline may suggest a 100% tariff on India, but that is not what has automatically happened. It is a tariff weapon that Washington can potentially use if the statutory conditions are met. The distinction matters enormously for India. How far will it impact Indian industries and exports? Here’s a look.