Saturday, August 8, 2026
27 C
New Delhi

India, China Face 100% Tariff Threat As US Senate Passes Russian Oil Sanctions Bill

Show Quick Read

Key points generated by AI, verified by newsroom

  • Bill extends Iran sanctions, raises presidential power concerns.

The US Senate has overwhelmingly approved legislation targeting Russia and countries that buy its oil and gas, giving President Donald Trump the power to impose tariffs of up to 100% on goods from major importers of Russian energy, including India and China.

The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 was passed by an 86-11 vote. The legislation will now go to the House of Representatives when it reconvenes on August 31.

Under the bill, Trump could impose 100% tariffs on goods from countries that rank among the five largest importers of Russian oil and gas. China, India, Azerbaijan, Hungary and Slovakia are currently listed among those buyers.

Bill Targets Russia’s Energy Trade

The legislation seeks to penalise countries whose purchases of Russian energy help sustain Moscow’s economy during its war in Ukraine.

It also includes sanctions targeting Russian leaders and officials, including President Vladimir Putin, as well as oligarchs and financial institutions.

The bill would additionally extend until 2031 the Iran Sanctions Act of 1996, which penalises companies investing in Iran’s energy sector.

ALSO READ: ‘Internal Affairs’: MEA Responds To US Congressman’s Attack On FCRA Bill

The bipartisan legislation was championed by Republican Senator Lindsey O. Graham and Democratic Senator Richard Blumenthal. Graham died on July 11 following a trip to Kyiv.

Darline Graham, Graham’s sister who was appointed to his Senate seat after his death, defended the legislation following the vote.

“This bill forces those primary countries keeping Russia’s economy afloat to make a simple yet critical choice – a choice between doing business with America or buying cheap Russian energy,” she said.

Blumenthal said Graham would have welcomed the Senate’s action.

“These sledgehammer sanctions and tariffs will stop all who are complicit in this murderous, criminal war of aggression against brave free people,” Blumenthal said.

He later told reporters that Graham would be “proud of what we’ve done”.

ALSO READ: Iran’s Supreme Leader Mojtaba Khamenei In ‘Extremely Critical Condition’: Report

Democrats Raise Tariff Concerns

Some Democrats have raised concerns over the bill’s expansion of presidential tariff powers, particularly as Trump has made tariffs a central part of his trade policy.

Democratic Congressmen Gregory Meeks and Don Beyer said the legislation could give the president broad new authority to impose tariffs.

“We welcome our Senate colleagues’ urgent effort to support Ukraine and punish Russia for its continued illegal war, but this bill would not achieve those goals. Instead, it would allow President Trump to dodge holding Russia accountable and impose yet more tariffs in his destructive trade wars, leaving Americans to foot the bill,” the two lawmakers said.

The legislation now faces consideration in the House, where lawmakers are scheduled to return on August 31.

Go to Source

Hot this week

Mohanlal celebrates daughter Vismaya’s ‘Thudakkam’ debut

‘A father’s heart couldn’t ask for more’_ Mohanlal celebrates daughter Vismaya’s ‘Thudakkam’ debut. Read More

Brooklyn Beckham and Nicola Peltz celebrate vow renewal anniversary

Brooklyn Beckham and Nicola Peltz Beckham celebrate their vow renewal ceremony for their wedding anniversary. Read More

‘National Security Threat’: Trump Vows SC Challenge After Appeals Court Blocks White House Ballroom

Show Quick Read Key points generated by AI, verified by newsroom Federal court blocked White House ballroom construction without congressional approval. Trump called ruling a He vowed immediate appeal to US Supreme Court. Read More

Sanchez vs Meloni: Spain imposes Italy border checks as Ceuta migrant row escalates

Sanchez, Meloni clash over Ceuta migrant influx as Schengen dispute escalates Spain has imposed temporary border checks on air and sea travel from Italy as tensions between the two EU countries escalate over migration. Read More

India digest: Nagpur flat owner booked in minor rape case; CBI charges 11 in Suvendu PA case

Nagpur flat owner is set to face an FIR in minor rape case for not verifying his tenant Nagpur minor rape: Flat owner to face FIR The owner of a one-room flat, where a 16-year-old Class 12 student was held captive for 24 hours and Read More

Topics

Mohanlal celebrates daughter Vismaya’s ‘Thudakkam’ debut

‘A father’s heart couldn’t ask for more’_ Mohanlal celebrates daughter Vismaya’s ‘Thudakkam’ debut. Read More

Brooklyn Beckham and Nicola Peltz celebrate vow renewal anniversary

Brooklyn Beckham and Nicola Peltz Beckham celebrate their vow renewal ceremony for their wedding anniversary. Read More

‘National Security Threat’: Trump Vows SC Challenge After Appeals Court Blocks White House Ballroom

Show Quick Read Key points generated by AI, verified by newsroom Federal court blocked White House ballroom construction without congressional approval. Trump called ruling a He vowed immediate appeal to US Supreme Court. Read More

Sanchez vs Meloni: Spain imposes Italy border checks as Ceuta migrant row escalates

Sanchez, Meloni clash over Ceuta migrant influx as Schengen dispute escalates Spain has imposed temporary border checks on air and sea travel from Italy as tensions between the two EU countries escalate over migration. Read More

India digest: Nagpur flat owner booked in minor rape case; CBI charges 11 in Suvendu PA case

Nagpur flat owner is set to face an FIR in minor rape case for not verifying his tenant Nagpur minor rape: Flat owner to face FIR The owner of a one-room flat, where a 16-year-old Class 12 student was held captive for 24 hours and Read More

Nod for Ganga eway extensionn to Haridwar

A view of the swollen Ganga River as the water level rises following heavy rainfall, in Haridwar on Friday. Read More

Om Birla seeks proposal for Makar Dwar porch

Officials said this is necessary considering that MPs arriving and leaving the new Parliament House wait for their vehicles out in the open NEW DELHI: Lok Sabha Speaker Om Birla has asked CPWD officials and its architects to consi Read More

2027 Maserati GranTurismo review – GT to the T

If Lamborghinis look like they’ve time-travelled from the future, and Ferraris appear shaped in wind tunnels, Maseratis are all about sculpture – flowing lines, gentle curves and delicate details. Read More

Related Articles