After the US Senate passed sweeping Russia sanctions bill which could lead to the imposing of up to 100 per cent tariff on India, questions arose over the impact of this decision on the ongoing India-US trade deal. White House National Economic Council director Kevin Hassett said it was up to the n»»»

The package would impose sanctions on Russian officials, oligarchs, financial institutions and the so-called shadow fleet used to evade restrictions on Moscow's oil exports. It would also allow President Donald Trump to set tariffs of up to 500% on Russian imports, including gas and oil. The US Sen»»»

By a large, bipartisan margin, the US Senate on Friday approved a bill intended to punish Russia and countries that buy its petroleum exports over the invasion of Ukraine, capping a legislative push that was spurred by the death of its champion, the Republican senator Lindsey Graham. The measure, r»»»