Economy, business and finance
US House Advances Bill Allowing Trump To Impose 100% Tariffs On India Over Russian Oil

The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 cleared a key procedural vote in the House on Tuesday and is set for a final vote.
The US House of Representatives has advanced a bill that could give President Donald Trump the power to impose tariffs of up to 100% on countries buying Russian oil and gas, putting India among those that could face the duties.
The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 cleared a key procedural hurdle on Tuesday evening, September 15, after two Democrats broke ranks with their party to vote with Republicans. The measure advanced by 214-211, setting up a final House vote on Wednesday.