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'India stopped buying Russian oil': Trump's aide says US President has authority to impose 500% tariffs

28 0
22.01.2026

New Delhi: United States President Donald Trump has decided to impose 500 per cent tariffs on countries that are buying Russian oil against his wishes. US Treasury Secretary Scott Bessent on Tuesday weighed in on the matter.

Earlier this month, Trump greenlit the Russia Sanctions Bill that allows the US to impose at least 500 per cent tariff on countries purchasing Russian oil. Now, his close aide Bessent has said in an interview that Senator Graham has put the proposal of the tariff in front of the Senate to........

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