Senators in the United States have called for tariffs of up to 100 per cent on exports from nations that purchase Russian oil. The bill, a softened version of the Sanctioning Russia Act, will target countries such as China, Slovakia, Hungary, Azerbaijan, and India. The sanctions bill was championed by the late South Carolina senator Lindsey Graham and introduced in April 2025. Earlier this year, amid trade tensions between the US and India, Graham announced that the bill had been greenlit by President Donald Trump. In January 2026, the bill called for tariffs up to 500 per cent. However, the…
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