Trump Backs Sanctions Bill Allowing Up to 500% Tariffs on Russian Oil Buyers, Including India

Brief by Shorts91 Newsdesk / 02:44pm on 08 Jan 2026,Thursday International

US President Donald Trump has backed a bipartisan Russia Sanctions Bill that could let the US impose tariffs of up to 500% on countries importing Russian oil or uranium, as part of broader measures to weaken Moscow’s economy amid the Ukraine war. The legislation, championed by Senator Lindsey Graham and Senator Richard Blumenthal, targets trading partners like India, China and Brazil that continue buying discounted Russian energy. While the bill still needs Congressional approval, it marks a significant escalation in economic pressure and could strain US–India trade relations if enacted. (PC: NDTV)

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