Will India Face 100% Tariffs? America's Russian Oil Bill Explained | IGR | India Global Review

India Global Review
リアクション
2026年07月15日
US President Donald Trump has backed a proposed bipartisan sanctions bill that targets countries continuing to buy Russian oil. While US lawmakers have reduced the proposed tariffs from 500% to 100%, the bill has gathered momentum. It was introduced by late Republican Senator Lindsey Graham and Democratic Senator Richard Blumenthal. India's imports of Russian oil hit a record high in June, increasing the stakes for New Delhi. Here's why the bill matters and what it could mean for India-US trade.

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