100% tariffs on India? US House advances Russia sanctions bill; final vote tomorrow
In a significant legislative move, the US House has supported a bill enabling President Trump to enact tariffs. This action could affect substantial Russian oil and gas importers, notably India, as it aims to prolong sanctions against Russia and Iran. Consequently, Indian exports to the United States might be subjected to steep tariffs as high as 100 percent. An important vote on this matter is…
The US House of Representatives has voted to advance a bill that could impose tariffs of up to 100 percent on countries buying Russian oil and natural gas. According to the Kyiv Independent, the bill would give the US president authority to impose such tariffs on the five largest buyers of Russian oil and natural gas, as well as five countries helping Moscow evade energy sanctions.
The bill passed its final procedural vote on September 15 by a narrow 214-211 margin and will face a final vote on September 16. The legislation has been spearheaded by the late Republican Senator Lindsey Graham. Two Democrats, Jared Golden and Marie Gluesenkamp Perez, crossed the aisle to vote in favor of the bill, despite pressure from party leadership.
The Times of India reports that Indian exports to the United States might be subjected to steep tariffs as high as 100 percent as a result of this bill. The bill aims to prolong sanctions against Russia and Iran.
Brief written by urgent.news from Times of India, South China Morning Post, Kyiv Independent — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
