Trump's 60-day tariff waiver offers India short-term relief on crude and exports
A 60-day US tariff waiver gives India immediate breathing room for its crude oil supply and exporters. Russia is India's largest crude supplier, and giving it up would be difficult amid Middle East tensions with no easy replacement. Continuing Russian crude purchases, however, would have exposed Indian exports to the US to 100% tariffs. The article questions whether the waiver offers lasting relief or merely postpones a difficult trade-off. The waiver's broader implications for India's energy and trade strategy remain uncertain.
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