US bill threatens 100% tariffs on India over Russian oil, but exempts some Russian uranium imports
- US President Donald Trump plans to sign a bill imposing 100% tariffs on Indian purchases of Russian oil, officials said.
- The bill includes an exemption for low-enriched uranium, which Russia supplies to the US in substantial quantities.
- In 2022, Russia accounted for 26% of all US uranium imports, raising questions about the rationale for the exemption.
- Critics argue this reflects Trump's contradictory approach of seeking US-Russia trade while imposing penalties on other.
Source: firstpost.com
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