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 intended to cut off financial support to Russia amid its ongoing war in Ukraine and to pressure these nations to reduce their economic ties with Moscow. The US is also urging European allies to join in implementing secondary tariffs and sanctions. India and China have pushed back, citing energy security needs and accusing the West of double standards, while NATO officials have echoed US warnings.
The effectiveness and global impact of such tariffs remain uncertain, with critics suggesting they may be more symbolic than practical.
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