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Trump pauses Russia-linked tariffs threatening India and China: What it means for India
· Business Today Mkts
The legislation, named the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, gave Trump 30 days to impose tariffs of up to 100% on imports from major buyers of Russian crude, including India, China, Slovakia, Hungary and Azerbaijan. The deadline was due to expire on October 18.
Key facts
- Dates in focus
- October 18