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Trump Waives Russia-Linked Tariffs, But India's Russian Oil Trade Remains Under Watch

By NDTV

In a major relief for India and China, US President Donald Trump has waived many sanctions and tariffs tied to Russian exports, a day before they were set to take effect under a bill he signed last month. #DonaldTrump #RussiaSanctions #USChinaRelations #IndiaUSRelations #NDTVWorld About NDTV (English news channel):…

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Sanctions

Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.

Sanctions are used to pressure governments without military action, with costs for both sides.

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