“So yes, President Trump did do what he had threatened, and did it before the deadline. So far, it seems to be working, with Indian companies now substituting Russian oil supplies for other suppliers.”
My friend, no sanctions against India for buying RuZZian oil has gone into effect. Lets talk again at the end of the month. I’ll believe it when it happens...
“On Wednesday, Donald Trump doubled US tariffs on India to 50%, up from 25%, penalising Delhi for purchasing Russian oil - a move India called “unfair” and “unjustified”. The tariffs aim to cut Russia’s oil revenues and force Putin into a ceasefire. The new rate will come into effect in 21 days, so on 27 August.”
“no sanctions against India for buying RuZZian oil has gone into effect”
Quibbling.
The threat was that he would impose tariffs on the 8th. They have been imposed. They are currently part of every import calculation. Implementation time is normal for tariff changes.
Thank you for your attention to this matter.