Article may be outdated

This article is 53 days old. Some details may have changed since publication.

Times of India·5 min read·hard

Trump shoots from Senate shoulders to punish Russia, by making India and China pay

C
CHIDANAND RAJGHATTA
Trump shoots from Senate shoulders to punish Russia, by making India and China pay
✦AI Summary

The US Senate has passed a bill that would allow the President to impose 100% tariffs on countries that purchase Russian oil or natural gas. This legislation specifically targets major economies like India and China, marking a shift toward using secondary sanctions as a tool of economic policy.

Why it matters

This represents a significant escalation in US trade policy, potentially disrupting global energy markets and straining diplomatic relations with key strategic partners.

✦Dive DeeperCreate a free account to unlock

TOI correspondant from Washington: The US Senate on Friday approved a bill that will allow President Trump to impose 100% tariffs on the world's top five purchasers of Russian oil or natural gas, including India, China, and Turkey.The legislation also targets countries helping Russia evade energy sanctions, Russian banks, officials, and so-called oligarchs and shadow fleet of tankers.By an overwhelming 86-11 vote, senators approved the Graham bill, formally the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, a sweeping legislation named for the late Republican Senator, war hawk, and staunch Ukraine supporter, who died July 11.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
politicseconomyworld
✦

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