New Delhi, Aug 8: The US Senate\u2019s approval of a bill empowering President Donald Trump to impose tariffs of up to 100 per cent on top importers of Russian energy has raised concern about engineering exports from India, an industry body said on Saturday.
\nThough the bill is yet to complete the legislative process, a statement from EEPC India warned of potential fallout if the measure becomes law.
\n\u201cThis development is really concerning for us, considering the US is the top market for Indian engineering goods,\u201d said Pankaj Chadha, Chairman, EEPC India.
\n\u201cWhile the bill is yet to complete the legislative process, the development is really concerning for us,\u201d he said, as any additional levy would dent the competitiveness of Indian shipments.
\n\u201cThe bill, named the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, if approved by the US Congress and becomes law, may have a significant impact on Indian goods exports. At present, however, it would be premature to discuss any possible impact of this legislation,\u201d Chadha noted.
\nThe engineering goods exports to the US stayed positive in financial year 2025-26 despite US President Donald Trump\u2019s recently imposed tariffs, but any additional levy would dent competitiveness of shipments.
\nIndian engineering goods exports to the US touched $19.60 billion in value, with 2.3 per cent year on year growth. The US Senate passed a sweeping Russia sanctions bill that does not name India but could expose it and other major buyers of Russian energy to tariffs of up to 100 per cent.
\nPassed by the Senate by 86-11 vote, the Lindsey Graham Sanctioning Russia and Iran Act of 2026 now goes to the House of Representatives, where senior Democrats have objected to its tariff provisions.
\nThe legislation requires the administration to identify countries using trade data rather than naming them in the statute. It covers the five largest importers of Russian crude oil, the five largest importers of Russian natural gas and the five leading countries facilitating Russian oil sanctions evasion.
\nThose determinations would be based on the most recent 12-month period and reviewed every 180 days. (IANS)<\/p>\n