world โฝ Trump signs Russia sanctions bill; India, China face tariff risk ๐ฅ
President Donald Trump signed H.R. 5334, the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," into law on Friday. This action targets Russia and its top energy buyers, including India and China. The act authorizes up to 100% tariffs on countries buying Russian oil and gas, effective within 30 days. The sanctions aim to economically pressure Russia's war in Ukraine by cutting off key resources. Countries are exempt if their Russian gas imports are below 15% of total exports and they reduce those imports.