Archive · 17 Sep 2026

House Passes Russia Sanctions Bill, India Faces Tariff Risk

House Passes Russia Sanctions Bill, India Faces Tariff Risk

The US House passed a bill to put more economic pressure on Russia.

The bill targets Russian officials, banks, energy businesses and ships that help transport Russian oil.

It also gives President Donald Trump a way to place tariffs on countries that buy a lot of Russian oil or gas.

India and China could be affected because they are major buyers of Russian crude.

However, the bill does not automatically place a 100% tariff on Indian goods.

Trump would first need to sign the bill and then decide whether to use the new power.

The possible tariff could be anywhere from above zero to 100%.

Supporters say the bill could reduce money helping Russia wage its war in Ukraine, while critics warn that tariffs could raise prices and damage trade relationships.

Sources