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US Senate passes bill to let Trump impose 100% tariff on India
The US Senate approved a Russia sanctions bill by an 86-11 vote, allowing President Donald Trump to impose 100% tariffs on the world’s top five purchasers of Russian oil or natural gas.…
The Story in Brief
The US Senate approved a Russia sanctions bill by an 86-11 vote, allowing President Donald Trump to impose 100% tariffs on the world’s top five purchasers of Russian oil or natural gas. India and China are on that list, along with Azerbaijan, Hungary and Slovakia. The legislation, named after the late Senator Lindsey Graham, also hits Putin, senior Russian officials, financial institutions and energy projects. Exceptions exist for countries importing less than 15% of their natural gas from Russia and cutting those imports. The bill now goes to the House of Representatives when it reconvenes on August 31. It also extends the Iran Sanctions Act until 2031.
The Indian Opinion
Some in India will see this as Washington arm-twisting New Delhi over Russian oil ties. But the bill leaves room: the 15% import threshold and a national-interest waiver give the White House discretion. It also names China, Azerbaijan, Hungary and Slovakia, not just India. The real test is whether the House approves it unchanged. If it does, will India cut imports below 15% or bank on a case-by-case exemption?
Source: ndtv.com
This story was synthesised by AI from the source linked above.
