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US Sanctions Bill Puts India-US Trade Deal in Focus

  • August 8, 2026
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The proposed US sanctions legislation targeting countries that buy Russian crude oil could add pressure to ongoing India-US trade negotiations, while also raising concerns over India’s crude import costs and the rupee, according to Bank of Baroda Chief Economist Madan Sabnavis. The proposed legislation has made the outcome of the India-US trade deal more important […]