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House passes Russia bill allowing 100% tariffs on India — SkimNews

By The Hindu · Summarized & edited by · 2026-09-17
House passes Russia bill allowing 100% tariffs on India

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Why it matters: The bill hands Trump sweeping tariff authority over U.S. allies like India and the EU — the same power Democrats warn he would "abuse," with Gregory Meeks estimating a $3,000-per-family cost if fully exercised against the top five Russian oil importers. India, currently negotiating a preliminary trade deal with Washington, became a top Russian oil buyer partly because the U.S.-Iran war disrupted supplies, putting New Delhi in the crosshairs of both trade and energy sanctions simultaneously.

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