The Financial News

The Financial News

LIVE | Trump’s 100% India Tariff Threat? US Advances Tough New Russia Sanctions Bill | PM Modi


A new U.S. sanctions bill targeting Russia is raising concerns for India, with a controversial provision that could allow up to 100% tariffs on countries buying Russian oil. The legislation has cleared a key hurdle in the House after already passing the Senate, and now heads toward a final vote. Supporters say the move could hit Moscow’s war funding, but critics warn of higher prices and sweeping presidential powers. The big question now: if the bill becomes law, will tariffs become Washington’s next pressure tool on India?

#trump #tariffwar #russia #russiaindia #russiaukrainewar #china


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