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US Bill Proposes 500% Tariffs on India, China Over Russia Biz Ties
Hindustan Times Noida
|July 02, 2025
US President Donald Trump has given the nod to a Senate bill that could impose 500% tariffs on countries like China and India that buy Russian oil and energy products.
NEW DELHI:
US Senator Lindsey Graham said in an interview with ABC News on Sunday that Trump had told him that the sanctions bill should be brought forward for a vote. Graham is sponsoring the tough new sanctions bill on Russia.
Graham called Trump's decision "a big breakthrough," which he said was part of efforts to bring Russian President Vladimir Putin to the negotiating table on Ukraine and give Trump "a tool" to bring that about.
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