Trump signs Russia-Iran sanctions law, risks trade friction with India and China

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US President Donald Trump has signed a new sanctions law targeting Russia and Iran, granting Washington the authority to penalise countries that purchase Russian energy. The legislation includes a provision allowing the US to impose tariffs of up to 100% on nations buying Russian crude and gas. India and China, both major importers of Russian energy, have voiced concerns over the law's potential impact on trade ties and energy security. Russia and China have also formally expressed opposition to the new sanctions regime.

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