US Parliament introduces bill seeking 100% tariff on India:American lawmakers allege the PM Modi-led government is purchasing oil from Russia

Two political parties in the US Congres (Parliament) have introduced a bill that seeks to impose 100% tariffs on five countries, including India and China, for purchasing oil from Russia. Bill exempts US’ European allies from tariffs despite purchasing Russian crude The bill, brokered by late Republican Senator Lindsey Graham, exempts 15 European nations that buy gas from Russia from the tariffs, arguing that the purchases amount to a fraction of their total requirement and the countries in question were taking steps to reduce dependence on Moscow. 100% tariffs on 5 countries
Apart from India and China, other countries that will be hit by the tariffs are Slovakia, Hungary and Azerbaijan. Bill referred to as tariffs bill According to Richard Blumenthal, a Democratic Senator from Connecticut, the bill is being referred to as a tariffs bill, but actually it imposes full blocking sanctions on wide swaths of the Russian economy, including the following: 1st time US parliament intends to weaponise tariffs If the bill passes, it would be the first time that the US Congress (Parliament) has explicitly authorised the use of tariffs as a geopolitical weapon with the goal of punishing countries financing another nation’s war effort. Bill intending 100% tariff on India is in addition to 12% duty levy proposal for encouraging forced labour Last month, the US proposed to impose 12.5% tariffs on 54 countries, including India, for allegedly failing to prohibit the import of goods produced with forced labour.