India confident of addressing US tariff threats in BTA talks as Washington targets Russian energy buyers

India is adopting a wait-and-watch approach to the US threat of imposing additional tariffs of up to 100% on countries importing Russian energy, while remaining confident that concerns arising from the measures can be addressed through the ongoing Bilateral Trade Agreement (BTA) negotiations, according to a senior Commerce Ministry official. “India won’t be reacting to it immediately. India and the US continue to remain engaged on the issue of trade, and any issues like Section 301 or tariffs on Russian oil importers will be addressed through the negotiations. India is closely watching all developments,” the official said. The US Senate…