US Senate amendment mandates 100% secondary tariffs on top five Russian oil importers, including India - The Tribune
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US Senate Amendment Mandates 100% Secondary Tariffs on Top Five Russian Oil Importers, Including India
Get latest articles and stories on World at LatestLY. In a significant legislative move to curb funding for Moscow's military operations in Ukraine, a newly introduced Senate amendment to the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026", which was passed in August, mandates secondary tariffs of up to 100 per cent on goods imported from the top five largest buyers of Russian crude oil and natural gas, directly exposing major import…
US Senate amendment mandates 100% secondary tariffs on top five Russian oil importers, including India - The Tribune
In a significant legislative move to curb funding for Moscow's military operations in Ukraine, a newly introduced Senate amendment to the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026", which was passed in August, mandates secondary tariffs of up to 100 per cent on goods imported from the top five largest buyers of Russian crude oil and natural gas, directly exposing major importers like India and China to massive trade levies.
The US has imposed import duties of up to 100 percent on goods from five major countries, including India, which imports crude oil and natural gas heavily from Russia.
The United States is once again preparing to impose tariffs on several countries, including India and China. A bill is being introduced in the US Congress to this effect. This bill would give the US President the authority to impose tariffs on Russia's major oil buyers.
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