Trump Backs 500 Per cent Tariff: Countries Buying Russian Oil Face Higher Risk

The United States has been targeting countries such as India, China, and Brazil for continuing to import crude oil from Russia. While import duties on these countries have already been increased earlier, US President Donald Trump is now backing a much stricter move.

According to media reports, Trump has supported a proposal that could lead to tariffs as high as 500 per cent on certain trade activities linked to Russia. Details related to this development are outlined below.

Why the US Is Targeting These Countries

For the past several months, the United States has been closely monitoring countries that continue to trade with Russia, especially in the oil and energy sector.

India, China, and Brazil are among the countries that have been importing Russian crude oil. The US administration views this trade as indirectly supporting Russia’s economy.

Trump’s Hardline Trade Approach

Since taking office for a second term, President Trump has followed a strict trade policy. He has already imposed heavy tariffs on countries such as Mexico, Canada, and China.

Now, his focus has shifted to Russia’s economic sources, particularly revenue generated from oil exports. The aim, according to the US position, is to weaken Russia financially.

Focus on India

In the context of the Russia–Ukraine war, Trump has repeatedly criticized India for purchasing discounted oil from Russia.

Earlier:

• A 25 percent tariff was imposed
• This was later increased to 50 percent

Now, Trump has expressed support for a new bill called the “Sanctioning of Russia Act – 2025.”

What Is the New Bill About?

The bill has been drafted by US Senator Lindsey Graham. As per the provisions mentioned:

• A minimum 500 percent tariff could be imposed on all goods and services imported from Russia into the United States
• Countries and companies maintaining trade relations with Russia may face strict sanctions
• The bill argues that countries buying Russian oil or providing financial support are indirectly funding the Ukraine war

Possible Impact on India

The bill may be taken up for voting in the US Senate next week. If it is approved:

• Trade relations between India and the United States could face further strain
• Prices of Indian exports to the US may increase
• Indian exporters could be affected due to higher tariffs

Despite the reported good personal relationship between Prime Minister Narendra Modi and Donald Trump, trade issues continue to remain sensitive. Trump has consistently followed his “America First” policy in economic matters.

Current Situation

• Trump has backed a bill proposing 500 percent tariffs
• The move targets countries trading with Russia, especially in oil
• India, China, and Brazil are among the affected countries
• The bill is yet to be voted on in the US Senate
• Final impact will depend on whether the bill becomes law

This article reflects only the information stated in the provided content and reported claims.
Any confirmation or changes will depend on official announcements and legislative decisions.