Trump waives up to 100% tariffs on India over Russian oil purchases, days before law takes effect

President Trump has waived the proposed 100% tariffs on India over its purchases of Russian oil, signing the waiver on 17 Oct, a day before the law's 18 Oct deadline. The waiver covers up to 100% tariffs on buyers of Russian oil and gas, though the president can reverse the decision later. India has consistently purchased Russian energy since the start of the war despite sanctions.

Detected & updated continuously · Source: Nebula