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Trump-backed bill may impose 500% tariffs on nations trading with Russia including India
short by Anmol Sharma / on Tuesday, 1 July, 2025
US President Donald Trump has approved the introduction of a Senate bill that would impose 500% tariff on countries continuing to trade with Russia, including India and China, Senator Lindsey Graham said. "India and China buy 70 percent of Putin's oil. They keep his war machine going," Graham added. He further said that his Bill has 84 co-sponsors.
read more at The Print