Trump signs sanctions law impacting India and China tariffs
pre-market1 source ↓written by the desknot a recommendation
- on countries buying
- 100%
US President Donald Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, enabling tariffs up to 100% on countries buying Russian oil, notably affecting India and China. This law expands sanctions against Russia and Iran, potentially disrupting energy trade and impacting market sentiment. 📉
• Expanded powers for sanctions on Russian officials and banks
• Significant implications for India's energy imports
• Potential retaliation from affected nations
Not investment advice. For informational purposes only.