Archive · 30 Jul 2026

US Senate Approves Bill to Impose 100% Tariffs on India, China

US Senate Approves Bill to Impose 100% Tariffs on India, China

The U.S. Senate passed a new law that could let President Trump put very high taxes on countries that buy a lot of Russian oil and gas, especially India and China.

The law also makes it easier to punish Russian officials, banks, and special ships that help Russia sell oil.

Senators from both parties helped make the bill, and it was named after the late Senator Lindsey Graham.

The bill was approved by a big majority, but the President still has to decide if he will actually impose the taxes.

The law also keeps the U.S. able to stop money going to Iran’s weapons and energy programs.

Sources