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Thursday, September 17, 2026

China, India could face up to 100% U.S. tariffs for buying Russian oil

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Miniature golden oil pump and coin with the symbol of the Russian ruble against the background of the Moscow Kremlin

Max Zolotukhin/iStock via Getty Images

The House of Representatives passed a new Russia sanctions bill, paving the way for President Donald Trump to impose up to 100% tariffs on buyers of Russian oil and gas such as China and India.

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