3Photo© hindustantimes.comUS House set to vote on Russia sanctions bill naming India for possible 100 per cent tariffs
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The bill faced opposition from members of both parties, with the vote to advance it passing by a narrow 214-211 margin. A final vote on Thursday is widely expected to result in the passage of the Russia sanctions bill, persons aware of the matter told HT.
The Lindsey O Graham Sanctioning Russia and Iran Act 2026 would give the Trump administration the authority to impose tariffs of up to 100% on the five largest purchasers of Russian oil or natural gas.
Senators have clarified that the tariffs would currently target China, India, Slovakia, Hungary and Azerbaijan over their oil purchases.