US Senate LIVE: Trump Gets 100% Tariff Power Over Russia Oil Buyers | India & China in Crosshairs?
A major new front in the global trade and energy battle is opening after the U.S. Congress passed legislation giving President Donald Trump expanded powers to pressure countries buying Russian energy.
The bill authorizes tariffs of up to 100% on leading purchasers of Russian oil and gas, putting major buyers such as India and China at the centre of the dispute.
The legislation also targets Russia’s energy and defence sectors, Russian financial institutions and the shadow fleet of tankers used to evade existing restrictions.
The House passed the bill 262–159 after the Senate approved it 86–11 last month. It now goes to Trump, who has indicated he supports signing the measure.
What happens next could affect Russian oil flows, India-U.S. relations, China-U.S. trade, global energy prices and Putin’s ability to finance the war in Ukraine.
Watch LIVE for the latest developments.
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