100% tariffs on India? US advances Russia sanctions Bill to give Trump new powers

The US House advanced the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, enabling President Donald Trump to impose tariffs up to 100% on India and China for importing Russian oil. The measure passed with a 214-211 vote, despite Democratic opposition. If enacted, this could significantly impact India's exports to the US after Congress reconvenes on November 9.

Read the source (Indian Express)

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