Now Reading: US Senate passes bill for 100% tariffs on India over Russian oil
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US Senate passes bill for 100% tariffs on India over Russian oil
US Senate passes bill for 100% tariffs on India over Russian oil
The US Senate approved the Lindsey O. Graham Sanctioning Russia and Iran Act by 86-11, authorising President Trump to impose 100% tariffs on goods from the top five importers of Russian oil…
The Story in Brief
The US Senate approved the Lindsey O. Graham Sanctioning Russia and Iran Act by 86-11, authorising President Trump to impose 100% tariffs on goods from the top five importers of Russian oil and gas: China, India, Azerbaijan, Hungary and Slovakia. The bill, named after the late Republican senator, also extends the Iran Sanctions Act to 2031.
The measure now goes to the House of Representatives, which reconvenes on August 31. Some Democrats warned it hands Trump unchecked tariff powers. India, which is negotiating a trade deal with the US, has previously called such targeting unfair since many countries buy Russian energy. The US itself waived similar sanctions during a West Asia crisis last year.
The Indian Opinion
The bill's 'choice between American business and Russian energy' framing ignores that the US itself waived Russian oil sanctions during its own energy crunch. India's purchases are driven by energy security, not sympathy for Moscow. The real test is whether the House, under Republican control, will keep the 100% ceiling or let Trump's negotiators use the waiver to extract trade concessions from New Delhi. A rate below 50% would reveal the theatre in the 86-11 vote.
Sources (3): indiatoday.in, hindustantimes.com, thehindu.com
This story was synthesised by AI from the 3 sources linked above.
Updated: this story now draws on 3 sources.
