<h1>US President signals possible no secondary tariffs on countries buying Russian oil, including India, under Section 232</h1> The US President indicated that secondary tariffs on countries purchasing Russian crude oil, including India, may not be imposed despite prior threats. Concerns had arisen that such tariffs would severely impact India, which sources a significant portion of its oil from Russia. The US Treasury Secretary had previously warned that secondary sanctions on India could increase if diplomatic efforts with Russia failed. The President stated that while secondary tariffs could be implemented, they might not be necessary. The US had already imposed tariffs totaling 50 percent on India, including a 25 percent tariff related to its Russian oil imports, effective from August 27. India's government condemned these tariffs as unjustified and asserted its right to protect national interests and economic security. The US-Russia summit concluded without agreement on the Ukraine conflict, maintaining uncertainty over future sanctions.