International

Trump threatens 100% tariffs on India and China under Russia sanctions law

Hindustan Times55m
THE BRIEF
1

US President Donald Trump threatened to use new tariff powers under the Lindsey O Graham Sanctioning Russia and Iran Act to help end the war in Ukraine.

2

The law permits tariffs of up to 100 per cent on the top five importers of Russian crude oil and gas, which includes India and China.

3

Trump signed the severe bill into law on Friday, and Ukrainian President Volodymyr Zelenskyy hoped Trump would use it if Vladimir Putin refused to de-escalate.