100% tariffs on India, China? Sanctions bill targeting Russia, allies passed by US House; awaits Trump's assent

US House approves Lindsey Graham Sanctioning Russia and Iran Act 2026, giving Trump powers to impose 100% tariffs on India and China over Russian oil imports. Bill awaits Senate nod after 262-159 vote. Democrats oppose tariff authorities granted to Trump.

The bill not only seeks to impose sanctions on Russia's energy sector and leadership, but also on the "shadow fleet" of vessels that enable Moscow to evade sanctions on oil deliveries.

Deccan Herald · 17 Sept, 4:57

Economy, business and finance

100% tariffs on India, China? Sanctions bill targeting Russia, allies passed by US House; awaits Trump's assent

The bill not only seeks to impose sanctions on Russia's energy sector and leadership, but also on the "shadow fleet" of vessels that enable Moscow to evade sanctions on oil deliveries.