From 500% to 100%: Why the New US Tariff Bill Is Being Called a 'Relief' for India

This article is based on the new US tariff bill, which proposes a 100% tariff on those countries that buy Russian oil, including India. Many experts says its a relief because the previous version of the bill is 500% tariff, which has been decreased to a 100% tariff. The final conformation is depend on when the bill becomes law and how the US government decides to implement it.