Trump’s Tariff Bomb: 500% Shockwave Headed For India, China Over Russian Oil | World News

In a significant development affecting global economies, US President Donald Trump seriously thinks that it has applied 500% tariff to countries that continue to buy energy products such as oil, gas or uranium from Russia. If it is abolished, this legislation will directly target large importers such as India and China. The aim is to injure Russia’s energy revenues and to end the conflict in Ukraine, President of the President Vladimir Putin.

Effective figures like Senator Lindsey Graham supported this offer. Graham called “breakthrough” to isolate Russia economically. “If you get energy from Russia and do not help Ukraine, your goods in America will be subject to 500% tariff.” He said. President Trump reportedly encouraged to progress with this difficult measure.

If this legislation passes and the Trump administration applies it, countries such as India and China, which increased Russian oil and gas imports during global sanctions, encounter unprecedented tariffs up to 500% of its products entering the US market. This action will probably increase tensions in trade relations, especially with India, an important strategic partner.

This potential tariff follows President Trump’s other latest tariff announcements targeting various countries. For example, while Brazil may encounter a proposed 50% tariff, Canada was given 35% tariff. New tasks have been announced about the goods from other seven other countries, including the Philippines, Moldova, Sri Lanka and Libya.

President Trump said that these new tariffs, including a possible 500% tax on Russian energy importers, will enter into force on August 1, 2025. This movement emphasizes an increasing campaign of economic pressure against countries that Russia indirectly supports war efforts through energy trade.