U.S. sanctions law may impose up to 100% tariffs on countries purchasing Russian energy, with potential impact on China and India trade flows.
Regulation & Gov ·
A U.S. sanctions law would require the president to impose tariffs as high as 100% on goods from five nations that actively purchase Russian oil and gas or help Moscow evade sanctions, with implementation required within 30 days. Countries sourcing below 15% of their gas from Russia while actively reducing that dependency could qualify for an exception. The White House retains authority to suspend tariffs on national security grounds, and China and India appear positioned as the primary targets of such measures.