US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil
A US Senate bill proposes imposing 100 percent tariffs on five nations buying Russian oil. This legislation aims to cut revenue funding Russia’s war efforts in Ukraine. European countries buying Russian natural gas would be exempt from these new tariffs. The bill honors the late Senator Lindsey Graham and seeks presidential approval. It could mark the first use of tariffs as a geopolitical weapon by Congress.
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