The US, led by Senator Lindsey Graham and supported by the Trump administration, is threatening to impose 100% or higher tariffs on countries like India, China, and Brazil if they continue to import oil from Russia.
This move is part of a broader push to cut off Russia's financial lifeline amid its ongoing war in Ukraine, with bipartisan support in Congress for tougher 'secondary sanctions' targeting Russia's trading partners. The US is urging European allies to join these efforts, while NATO officials have echoed warnings that countries supporting Russia could face severe economic consequences. India and China have pushed back, citing energy security and accusing the West of double standards.
The effectiveness and global impact of such tariffs remain uncertain, but the rhetoric signals a significant escalation in economic pressure on Russia and its allies.
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