Trump shoots from Senate shoulders to punish Russia, by making India and China pay
AI Summary
The US Senate approved a bill enabling tariffs on nations buying Russian oil and gas, targeting India and China among others. This legislation could affect global energy markets and potentially increase costs for US consumers.
The US Senate approved a bill allowing President Trump to impose tariffs. This legislation targets nations buying Russian oil and gas, including India. India faces potential 100% tariffs for its energy purchases from Russia. The bill grants the president discretion and includes exemption provisions for allies. This move could impact global energy markets and US consumers significantly.