India could face 100% tariffs under proposed US Russia sanctions bill

Synopsis Many Democrats, some Republicans, and industry trade groups are unhappy about a provision in the long-stalled bill that would let Trump impose steep ?tariffs on countries that purchase large amounts of Russian oil and gas, or countries that his administration deems to be facilitating sanctions evasion. WASHINGTON: A Russia sanctions bill championed by the late Senator Lindsey Graham faces a tough road in Congress as Democrats and some Republicans raise concerns about new trade powers the legislation would grant President Donald Trump. Many Democrats, some Republicans, and industry trade groups are unhappy about a provision in the long-stalled bill…