in5points
PoliticsHindustan Times

‘In honour of Lindsey’: Trump on bill that could hike tariffs on India, China

in5points
  1. Trump endorsed a bipartisan Russia sanctions bill spearheaded by the late Senator Lindsey Graham.

  2. The bill authorizes tariffs of up to 100% on the world's top five buyers of Russian crude oil and natural gas, including China and India.

  3. The legislation targets purchasers of Russian oil and gas to pressure Moscow over the war in Ukraine.

  4. The bill was negotiated between Senator Lindsey Graham, Treasury Secretary Scott Bessent, and Senator Jeanne Shaheen.

  5. Sponsors believe the bill has enough support to pass the Senate, though a floor vote timeline is not finalized.

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Shobhana Bhartia

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Shobhana Bhartia (Birla family)

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