Brief by Shorts91 Newsdesk / 11:01am on 08 Jan 2026,Thursday India Global
US President Donald Trump has backed a bipartisan Russia sanctions bill that could raise tariffs on countries buying Russian oil, including India. Senator Lindsey Graham said Trump “greenlit” the measure and a vote may come next week. The bill allows the president to penalise nations seen as aiding Russia or blocking peace in Ukraine. It includes visa bans, asset blocks and tariffs of at least 500 percent on some imports. India already faces a 50 percent US tariff after two hikes in 2025 linked to its Russian oil purchases. Trump has said tariffs could rise further if such trade continues. (PC: HT)
