Trump Backs Russia Sanctions Bill, Threatens 500% Tariffs on Oil Buyers

• President Trump greenlit a bipartisan Russia Sanctions Bill, aiming to deter countries from buying Russian oil.
• The bill, championed by Senator Lindsey Graham, allows for tariffs up to 500% on nations purchasing Russian oil.
• It seeks to create leverage against India, China, and Brazil to stop them from "fueling Putin’s war machine."
• The "Sanctioning of Russia Act 2025" also includes penalties on individuals and entities.
• Trump previously claimed PM Modi was unhappy with tariffs on India due to Russian oil, a claim India denied.

Why It Matters: US moves to impose severe tariffs on Russian oil buyers, aiming to pressure countries like India and China.