Trump authorizes up to 100% tariffs on countries buying Russian energy
- Reports
- 28
- Developments
- 5
- Repetition
- 93%
New informationRepeats or wire copies
What happened
President Donald Trump has signed a law allowing the US to impose tariffs of up to 100% on countries buying Russian oil and gas. This measure, known as the Lindsey Graham Sanctioning Russia and Iran Act of 2026, puts India and China at direct risk of penalties.
Why it matters
The legislation aims to increase economic pressure on Moscow by targeting its major energy trade ties. The potential tariffs could significantly affect the import costs and trade relationships of countries like India and China.
Donald Trump is considering tariffs on oil buyers in China and India, while Lindsey Graham and Europe are pushing for sanctions against Moscow.
Who's involved
- Donald TrumpPresident who signed the law authorizing the tariffs.
- Lindsey GrahamSenator who championed the sanctions bill.
- IndiaCountry buying Russian oil and facing potential tariffs.
- ChinaCountry buying Russian oil and facing potential tariffs.
- MoscowTarget of the sanctions aimed at reducing its energy trade.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
How it developed
Newest first. Tap a step to see who reported it.Graham and Trump championed a bill threatening up to 100% tariffs on energy imports from China.1 source
- Donald Trump seeks Congressional authority to impose global tariffs, with Congressman Jared Golden offering support for aspects of the plan.Sub-event
- A bill introduced by Jimmy Panetta targets Russian entities, while Lindsey Graham's act aims to pressure Russia, amidst discussions of Trump escalating tariffs on Indian goods.Sub-event
- Navarro wrote an opinion piece for the FT discussing India's energy trade with Russia, while Graham's measure targets Russian energy buyers.Sub-event
Trump authorizes tariffs on imports as India and China continue to import Russian oil.1 source
Keep exploring
Part of
Trump considers tariffs on Chinese and Indian oil buyers, while Graham and Europe push for sanctions against the Kremlin.Also in this story
- India is the largest buyer of Russian oil, while US tariffs trigger Chinese export restrictions.
- Trump seeks expanded sanctions on Iran while a bill authorizes tariffs on India, with Graham pushing for House consideration.
- A sanctions bill signals to Europe regarding Russia, carrying a risk of 100% tariffs.
The entities involved
-
Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
-
Lindsey Graham
American lawyer and politician (born 1955)
-
Moscow
capital and most populous city of Russia
Related events
- Trump imposes tariffs on countries buying Russian energy, while India seeks to leverage the situation for its exporters.
- Trump proposes tariffs on countries buying Russian oil and gas, while Fed policy affects global sentiment.
- Donald Trump announced potential tariffs on goods imported from India.
- Trump administration imposed new import tariffs.
- High diesel prices are exposing the political vulnerabilities of Republicans due to the fallout from Trump's policies regarding the Iran war and international trade.
Coverage
Newest first; wire copies grouped- deccanchronicle.com
- moneycontrol.com
- europesun.com
- thehindubusinessline.com
- theguardian.com
- gulte.com
- indiatimes.com
- newkerala.com
- russiaherald.com
- middleeaststar.com
- europesun.com