Times of India·7 min read

100% tariffs loom: Will US sanctions bill make India stop buying crude from Russia?

S
SMRITI JAIN
100% tariffs loom: Will US sanctions bill make India stop buying crude from Russia?
Dive DeeperCreate a free account to unlock

Tariffs, tariffs, and more tariffs - the Donald Trump administration’s favourite economic weapon is back in focus again with the US passing a new bill that allows its president to impose tariffs of up to 100% on countries that are buying Russian crude oil in a big way. That means India is on the list, and so is China.The US House of Representatives on Wednesday approved the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026". This legislation will now go to President Donald Trump for his signature.So, will Donald Trump impose 100% tariffs on India for its Russian crude oil buys?

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in