US House Approves Russia Sanctions Bill Threatening 100% Tariffs on India
The U.S. House approved the Lindsey O. Graham Sanctioning Russia and Iran Act, granting President Trump authority to impose steep tariffs on India, China and other nations purchasing Russian oil and gas. The bill targets Russia’s shadow fleet and seeks to curb revenue supporting its war in Ukraine. It also permits sanctions on Iranian entities while emphasizing diplomatic pressure today.
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