US House Advances Bill That Could Impose 100% Tariffs on India Over Russia Oil Imports

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The US House of Representatives has moved forward with a bill granting President Trump authority to impose steep tariffs on countries that import Russian oil and gas. The legislation is designed to extend sanctions against both Russia and Iran. India, as a major buyer of Russian energy, could face tariffs as high as 100 percent on its exports to the United States under this measure. A final vote on the bill is expected imminently in the House.

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