Trump-Backed Tariff Bombshell: India, China Face 500% Duties Over Russian Oil Trade

Unknown Apr 02, 2026 850 Views

A bipartisan U.S. Senate bill, strongly endorsed by former President Donald Trump, is shaking up global trade dynamics with a proposal to impose 500% tariffs on countries continuing to buy oil and other goods from Russia—chiefly targeting India and China, who together account for nearly 70%...