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ECONOMY 1h ago

'India an important ally': Rubio says Trump studying effects of tariffs on countries like India

Economic Times Economy
Published 18 Oct 2026, 04:02 am IST
The Economic TimesNews

Business News›News›Economy›Foreign Trade›'India an important ally': Rubio says Trump studying effects of tariffs on countries like India

'India an important ally': Rubio says Trump studying effects of tariffs on countries like India

A day after US President Donald Trump waived several sanctions related to Russian fuel sales that were to take effect under the Lindsey O. Graham Sanctioning Russia and Iran Act, US Secretary of State Marco Rubio on Saturday (local time) described India as an important ally whose energy needs to be considered before putting any tariffs or sanctions in place.

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Originally reported by Economic Times Economy.Source: economictimes.indiatimes.com