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US Senate Russia Sanctions Bill Advances Imposing 100 Percent Tariffs On India And China

A bipartisan bill in the United States Senate passed its first major vote with 86 votes in favor and 12 against to penalize major foreign buyers of Russian energy. The proposed legislation gives sweeping authority to hit top buyers of Russian oil and gas, including India and China, with punitive 100 percent import tariffs while imposing direct blocking sanctions on key Russian economic sectors.

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