The threat of US tariffs of up to 100 per cent on countries buying Russian oil has put India in a fresh trade squeeze, with New Delhi among the biggest purchasers of Russian crude. The proposed measure could hit Indian goods entering the lucrative US market if Washington decides to penalise countries that continue importing Russian energy. Against that backdrop, US presidential counsellor Peter Navarro has sought to ease concerns over the impact on India-US ties. He said President Donald Trump and Prime Minister Narendra Modi have a “very good working relationship” and would resolve the issue between themselves. “The…
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