https://www.taxtmi.com/news?id=53241 Additional United States tariff measures target India's purchase and processing of discounted Russian crude, with US officials alleging Indian refiners engage in profiteering by converting discounted crude into premium refined products for export. The US response includes substantially elevated duties and an expressly communicated additional tariff tied to India's energy purchases, framing tariff instruments as a means to influence foreign energy procurement decisions, while India defends its purchases on grounds of national interest and market dynamics. en-us Fri, 22 Aug 2025 00:31:04 +0530 Fri, 22 Aug 2025 00:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53241 Additional United States tariff measures target India's purchase and processing of discounted Russian crude, with US officials alleging Indian refiners engage in profiteering by converting discounted crude into premium refined products for export. The US response includes substantially elevated duties and an expressly communicated additional tariff tied to India's energy purchases, framing tariff instruments as a means to influence foreign energy procurement decisions, while India defends its purchases on grounds of national interest and market dynamics. News - Fri, 22 Aug 2025 00:31:04 +0530 https://www.taxtmi.com/news?id=53241