Trump Warns of 500% Tariff on Russian Oil Imports
The United States is moving toward imposing tough sanctions on countries that purchase Russian oil. Influential U.S. Senator Lindsey Graham has claimed that President Donald Trump has backed the proposed bipartisan Sanctioning Russia Act, targeting countries such as China, India, and Brazil. Under the bill, the U.S. administration would be empowered to impose tariffs of up to 500% on imports from countries doing business with Russia's energy sector. This new wave of diplomatic and economic pressure comes amid ongoing negotiations to end the war in Ukraine, signalling fresh tensions in global politics.
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