A wave of threats from US politicians, including Senator Lindsey Graham and former President Donald Trump, has targeted countries like India, China, and Brazil with the prospect of 100% or even 500% tariffs if they continue importing Russian oil.
The US aims to choke off Russia's revenue streams amid the ongoing Ukraine war by pressuring its trading partners through 'secondary sanctions.' NATO and EU leaders have echoed similar warnings, but India and China have pushed back, citing energy security and accusing the West of double standards. Experts warn that such tariffs could backfire, risking global oil price spikes and straining international relations.
Despite the threats, India asserts it can secure alternative oil supplies if needed and remains firm on its independent foreign policy.
.Here are the top political news stories for today.
Be the first to reply to this general discussion.
Join in on more popular conversations.
