The US, led by Senator Lindsey Graham and supported by the Trump administration, is threatening to impose 100% or even 500% tariffs on countries like India, China, and Brazil if they continue to import oil from Russia.
This move is part of a broader strategy to cut off Russia's financial support for its war in Ukraine by targeting its oil exports. The US is urging European allies to join in these secondary sanctions, while NATO officials have echoed warnings to Russia's trading partners. India and China have pushed back, citing energy security needs and accusing the West of double standards, as the EU remains a major buyer of Russian energy.
The effectiveness and global impact of such tariffs remain uncertain, with critics arguing they may be more symbolic than practical.
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