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'Hostile act against India': Fund manager on US bill threatening 100% tariffs

August 9, 2026
Source: businesstoday.in businesstoday.in
News Snapshot:
Don't Miss: US tariff on Russian oil buyers: Brace for possible $120 crude shock, warns CareEdgeHe called the measure "effectively an anti-India bill" and questioned why other countries that continue to import Russian energy were not similarly targeted."Never mind the rest of Europe and America themselves import from Russia even today. The key point is this is effectively an anti-India bill," he said.The Senate passed the Lindsey Graham Sanctioning Russia and Iran Act of 2026 by 86-11. The bill allows President Donald Trump to impose tariffs of up to 100% on goods from countries that are among the top five importers...
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