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Trump backs 500% tariffs on goods from nations trading with Russia, targeting China, India, and possibly Iran.
Donald Trump has endorsed a Republican-drafted bill proposing tariffs of up to 500% on imports from countries trading with Russia, particularly targeting major buyers like China and India. The legislation, backed by senators including Lindsey Graham and John Thune, aims to pressure nations funding Russia’s war in Ukraine through energy purchases. Trump also suggested Iran could be added to the list, though specifics on enforcement or timing were not provided. The move follows existing U.S. tariffs on Indian goods, citing indirect support for Russia, and reflects broader efforts to isolate Moscow economically amid ongoing conflict in Ukraine.