Trump Backs Bill for 500% Tariff on Russian Oil Buyers | Quick Digest
Donald Trump has reportedly backed a bipartisan US bill, the 'Sanctioning of Russia Act 2025,' which proposes duties of up to 500% on countries purchasing Russian oil. This move intensifies pressure on major buyers like India, China, and Brazil, potentially impacting their trade relations with the US.
Donald Trump reportedly 'okayed' a bill targeting Russian oil buyers.
The proposed 'Sanctioning of Russia Act 2025' includes tariffs up to 500%.
India, China, and Brazil face increased pressure over Russian oil imports.
Senator Lindsey Graham confirmed Trump's backing for the bipartisan bill.
Existing US tariffs on Indian exports for Russian crude purchases are 50%.
The bill aims to leverage against countries financing Russia's war in Ukraine.
Donald Trump has reportedly given his approval to a bipartisan sanctions bill, dubbed the 'Sanctioning of Russia Act 2025,' which aims to impose punitive duties of up to 500% on countries continuing to purchase Russian oil. This development, confirmed by US Senator Lindsey Graham, marks a significant escalation in Washington's efforts to curb revenue streams for Russia amidst its ongoing conflict with Ukraine. The proposed legislation, if passed, would grant the US President 'tremendous leverage' against nations like India, China, and Brazil, which have been significant importers of discounted Russian crude.
The bill explicitly states that if the President determines a country is knowingly engaging in the exchange of Russian-origin uranium and petroleum products, the rate of duty on all goods and services imported into the United States from that country must be increased to at least 500% relative to their value. This potential tariff hike follows earlier actions by the Trump administration, which reportedly imposed an additional 25% tariff on Indian exports in August 2025, specifically linked to India's Russian oil purchases, bringing the total tariff burden to 50%. Analysts suggest this intensified pressure has already led to a sharp decline in India's Russian crude imports, from approximately 1.8 million barrels per day in November 2025 to about 1.0 million barrels per day in December 2025. The bill's potential implementation could also jeopardize ongoing trade negotiations between New Delhi and Washington. While the bill has not yet been passed, Senator Graham anticipates a bipartisan vote as early as next week.
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