US President Donald Trump waives tariffs of up to 100% on buyers of Russian energy
- US President Trump has waived parts of a new law that could have put tariffs of up to 100% on buyers of Russian energy.
- The waiver came days before the measures were due to start, with fuel prices high ahead of the November midterm elections.
- India and China, two of the biggest buyers of Russian oil and gas, stand to benefit from the suspension.
- Lawmakers from both parties criticised the move, saying it helps fund Russia’s war. The tariffs can be restored later.
Source: newindianexpress.com
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