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EconomicIndia·Unpinned19 Oct 2026

Trump administration sanctions waiver impacts U.S.-India energy and trade relations

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President Donald Trump issued an executive order on October 18 waiving Russia-related sanctions and tariffs that would have imposed duties of up to 100 percent on Indian goods due to India's status as a major importer of Russian oil. The waiver, declared to be in the United States' national interest, removed a significant obstacle to bilateral relations…

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