U.S.-Russia Diesel Agreement Complicates Trade Relations and India Tariffs

U.S. President Donald Trump announced a deal allowing Russia to supply over 300,000 tonnes of diesel to global and U.S. markets.

The agreement has drawn criticism for potentially undermining the Sanctioning Russia and Iran Act signed into law by Trump in September.

India remains vulnerable to potential 100% tariffs under the new sanctions law as bilateral trade and interim deal talks stall further.