https://sputniknews.in/20250531/us-senator-threatens-500-tariff-on-india-and-china-over-russian-oil--9219528.html
US Senator Threatens 500% Tariff on India and China over Russian Oil
US Senator Threatens 500% Tariff on India and China over Russian Oil
Sputnik India
US Senator Richard Blumenthal has announced the possibility of imposing tariffs of up to 500% on countries buying Russian oil, such as India and China. 31.05.2025, Sputnik India
2025-05-31T19:42+0530
2025-05-31T19:42+0530
2025-05-31T19:42+0530
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Senator Richard Blumenthal said the United States could impose tariffs on any country that buys oil, gas or petrochemical products from Russia. He specifically mentioned India and China, which account for 70% of Russian exports.
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US Senator Threatens 500% Tariff on India and China over Russian Oil
US Senator Richard Blumenthal has announced the possibility of imposing tariffs of up to 500% on countries buying Russian oil, such as India and China.
Senator Richard Blumenthal said the United States could impose tariffs on any country that buys oil, gas or petrochemical products from Russia. He specifically mentioned India and China, which account for 70% of Russian exports.
"500% tariffs on anybody who buys oil, or gas, or petrochemicals. 500% tariff on India, on China, who buy 70% of those Russian products, and anybody else who buys them," Blumenthal said.
