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 push to cut off Russia's financial lifelines amid its ongoing war in Ukraine, with calls for Europe and NATO allies to join in secondary sanctions. The US argues that these countries are undermining Western sanctions and 'subsidizing' Russia's war effort. India and China have pushed back, citing energy security needs and accusing the West of double standards, while also noting that Europe remains a major buyer of Russian energy.
The effectiveness and global economic impact of such sweeping tariffs remain uncertain, with critics warning of potential backlash and limited practical results.
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