60 US Senators back new bill proposing 100% tariffs on India, others for buying Russian oil
US Senators have introduced the 'Sanctioning Russia Act of 2026,' which proposes tariffs of up to 100% on countries like India and China for purchasing Russian oil. The bill aims to pressure nations to reduce reliance on Russian energy, though it includes specific exemptions for European allies and American uranium imports.
Why it matters
This legislation represents a significant escalation in US foreign trade policy that could disrupt global energy markets and strain diplomatic relations with major economies like India.
As many as 60 US Senators have backed a new bill that proposes a tariff up to 100% on India and four other nations for purchasing Russian oil. The bill’s content, which was unveiled on Friday, has obtained the backing of US President Donald Trump and could be passed before August, according to the bill’s supporters in the Senate.Senator John Thune, leader of the majority Republican party in the Senate, has signed as one of the bill’s key supporters, which could lead to the passage of the bill in the upper chamber.The bill, Sanctioning Russia Act of 2026, proposes granting the Trump administration the authority to place tariffs up to 100% on the five top purchases of Russian oil or natural gas.US Senators clarified earlier this week that the tariffs will target China, India, Slovakia, Hungary and Azerbaijan for purchasing Russian oil.
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