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Don for 500% Tariffs on Russia's Partners
The New Indian Express Coimbatore
|July 03, 2025
In a development that could possibly reshape US foreign trade policy and geopolitical alliances, President Donald Trump has backed a Senate bill proposing a sweeping 500% tariff on countries keeping economic ties with Russia.
The legislation, known as the Sanctioning Russia Act, aims to economically isolate Moscow by penalising third-party nations, including India and China, which continue to import vast quantities of Russian oil.
This story is from the July 03, 2025 edition of The New Indian Express Coimbatore.
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