All predictions
Unresolved

Trump will not impose the new 100% Russian oil tariff on India before mid-2027, even if the Sanctioning Russia and Iran Act becomes law with India named as a top buyer.

The bill leaves the tariff to presidential discretion, Trump has already reversed course once lifting a 25% punitive tariff on India in February 2026 as trade talks progressed. With the Bilateral Trade Agreement unsigned and Goyal still pushing for better terms, Washington will likely keep this as unexercised leverage over Delhi, not the imminent tariff many now assume.

The bill leaves the tariff to presidential discretion, Trump has already reversed course once lifting a 25% punitive tariff on India in February 2026 as trade talks progressed. With the Bilateral Trade Agreement unsigned and Goyal still pushing for better terms, Washington will likely keep this as unexercised leverage over Delhi, not the imminent tariff many now assume.