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        Customs & Trade

        India's concerns shared with US Senator who proposed 500% tariff on Russian oil buyers: Jaishankar

        July 3, 2025

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        Washington, Jul 3 (PTI) External Affairs Minister S Jaishankar suggested that India has shared its concerns with US Senator Lindsey Graham over his bill proposing a 500 per cent tariff on nations buying oil from Russia.

        "I think our concerns and our interests in energy security have been made conversant to him," Jaishankar said while replying to a media query in Washington DC on Wednesday.

        A legislation proposed by Graham calls for imposing 500 per cent tariffs on nations buying oil from Russia if Moscow refuses to participate in peace negotiations with Ukraine.

        Jaishankar said that the Indian Embassy and officials have been in touch with Graham over the issue while adding that "we'll then have to cross that bridge when we come to it, if we come to it.” Jaishankar added that any development happening in the US Congress is of interest to India “if it impacts our interest or could impact our interest”.

        Hectic parleys are underway between officials of India and the US in Washington on the proposed interim trade agreement between the two countries. While India is seeking greater market access for its labour-intensive goods, the US wants duty concessions for its agricultural products.

        The Indian team, headed by special secretary in the Department of Commerce Rajesh Agrawal, is in Washington for negotiations. PTI RD RD RD

        Tariff proposal on purchases of Russian oil raises energy security concerns, prompting India to engage diplomatically. India communicated concerns to a US senator about a proposed legislative tariff on nations buying Russian oil, emphasizing implications for energy security, and has engaged through its Embassy. Concurrent Washington negotiations pursue an interim trade agreement in which India seeks market access for labour-intensive goods while the US seeks agricultural duty concessions, with India's commerce special secretary leading the delegation.
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                                Tariff proposal on purchases of Russian oil raises energy security concerns, prompting India to engage diplomatically.

                                India communicated concerns to a US senator about a proposed legislative tariff on nations buying Russian oil, emphasizing implications for energy security, and has engaged through its Embassy. Concurrent Washington negotiations pursue an interim trade agreement in which India seeks market access for labour-intensive goods while the US seeks agricultural duty concessions, with India's commerce special secretary leading the delegation.





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