500% Tariffs? US Sanctions Bill May Hit India, China Over Russian Oil
Russia Sanctions Bill, 500% Tariffs, India-China Risk: US Senators Lindsey Graham and Richard Blumenthal are pushing a bill that could hit India, China, and others buying Russian oil & gas. After the Ukraine Recovery Conference, Blumenthal said momentum is rising. The bill proposes bone-crushing sanctions and up to 500% tariffs on Russian goods. Senator Marco Rubio called it 'a new idea' post talks with Lavrov and said it’s being taken back to Trump for consultation.
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