Trump backs bill pushing 500% tariffs on Russia’s trade partners; India and China in dilemma

In a development that could reshape US foreign trade policy and geopolitical alignments, US President Donald Trump has backed a Senate bill proposing sweeping 500% tariffs on countries maintaining economic ties with Russia. The legislation, known as the 'Sanctioning Russia Act', seeks to economically isolate Moscow by penalising third-party nations — including India and China — that continue importing large volumes of Russian oil.

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