Trump Backs Russia Sanctions Bill: 500% Tariffs on India, China Possible

• Donald Trump has approved a bipartisan bill proposing up to 500% tariffs on countries, including India, China, and Brazil, that continue business with Russia.
• The "Sanctioning of Russia Act 2025" aims to penalize nations "fueling Putin’s war machine" by purchasing discounted Russian oil.
• The legislation, greenlit by Trump, could be voted on in Congress as early as next week, according to Senator Lindsey Graham.
• The bill also includes sharply increased duties (minimum 500%) on all goods and services imported from Russia into the United States.
• India maintains its oil purchases are guided by national interest, rejecting claims of PM Modi promising to stop buying Russian oil, amid rising US-India trade tensions.

Why It Matters: Trump's backing of a Russia sanctions bill threatens 500% tariffs on India, China for oil purchases.