Russian sanctions bill: US planning to impose 500 per cent tariffs on nations trading with Moscow- How will this impact India?

Senator Lindsey Graham proposes a 500% tariff on countries still trading with Russia, aiming to cripple Putin's war efforts in Ukraine. The bill targets nations like India and China, major buyers of Russian oil. India, now heavily reliant on Russian oil, faces potential tariffs on its exports to the US, despite ongoing trade agreement negotiations.

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