US senators call for 100% tariffs over Russian oil purchase in new bill | What it means for India
US senators proposed a bill with tariffs up to 100% on nations purchasing Russian oil, targeting China, India, Slovakia, Hungary, and Azerbaijan.
The bill is a softened version of the Sanctioning Russia Act, previously calling for 500% tariffs in January 2026.
An exception applies if a country's Russian gas imports are less than 15% of Russia's total gas exports.
The final tariff rate will be determined by the United States Trade Representative after deliberations.
India already faces a 50% US tariff since August 2025 for Russian oil purchases, and this bill could worsen trade tensions.
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