Trump signs Russia sanctions bill, India among countries facing 100% tariff risk

19-Sep-2026

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US President Donald Trump signed a law enabling tariffs up to 100% on countries importing Russian oil and gas, potentially targeting top buyers like India and China. 

The law grants broad discretion to impose penalties within 30 days, but lacks clarity on criteria, raising diplomatic concerns. 

Passed to strengthen sanctions on Russia's energy and defence sectors, it includes waiver powers for national security. 

The move risks economic disruption and political sensitivity ahead of the November midterms, with possible legal and trade impacts globally.