Now Reading: 100% Tariff Threat On India As US Senate Passes Russia Sanctions Bill
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100% Tariff Threat On India As US Senate Passes Russia Sanctions Bill
100% Tariff Threat On India As US Senate Passes Russia Sanctions Bill
The US Senate has voted 86-11 to pass a bill allowing President Donald Trump to impose 100% tariffs on goods from the world's top five buyers of Russian oil and gas. India,…
The Story in Brief
The US Senate has voted 86-11 to pass a bill allowing President Donald Trump to impose 100% tariffs on goods from the world's top five buyers of Russian oil and gas. India, China, Azerbaijan, Hungary and Slovakia currently top that list. The legislation, renamed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, honours the late Republican senator who championed it. It also targets Russian President Vladimir Putin, financial institutions and oil tankers used to evade existing sanctions, and extends the Iran Sanctions Act to 2031.
The bill will now go to the House of Representatives when it reconvenes on August 31. Some Democratic lawmakers have criticised the measure, saying it gives the president sweeping new tariff powers he could misuse in trade wars, leaving Americans to pay the price.
The Indian Opinion
The bipartisan sheen on this bill should not hide its sharp edge: it hands President Trump a new tariff weapon he has already used aggressively. Some Democrats rightly warn he could wield it against allies, not just Russia. India must watch whether the House moderates or passes it unchanged. Will the final version include the waiver for countries reducing Russian imports? That is the number that settles the question.
Sources (2): ndtv.com, assamtribune.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
