Executive Order
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Addressing Threats to the United States by the Government of the Russian Federation
AI Summary:
This is a policy document, specifically an Executive Order issued by the President of the United States addressing economic measures related to Russia and India.
This regulation imposes a 25% additional ad valorem duty on imports from India due to India's direct or indirect importing of Russian oil, as part of an ongoing national emergency first declared in previous executive orders regarding Russia's actions in Ukraine. The order authorizes the Secretary of State, in consultation with multiple government agencies, to take actions to implement these tariffs, monitor the situation, and recommend further steps if necessary. The tariff will apply to Indian goods entered for consumption 21 days after the order's date, with specific exceptions for goods already in transit. The order provides mechanisms for modification based on changing circumstances, including potential retaliation or significant steps taken by Russia or other countries. It defines "Russian Federation oil" broadly to include crude oil and petroleum products from Russia, regardless of the intermediary, and establishes a process for determining indirect importing. The order includes standard legal provisions ensuring that if any part of the order is found invalid, the rest remains in effect, and that it does not create enforceable rights for private parties.