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    Senate Approval Grants President Near‑Unlimited Tariff Powers

    On August 7, 2026 the U.S. Senate passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, a bipartisan measure that could endow the president with the authority to impose tariffs of up to one‑hundred per cent on imports coming from countries that continue to buy Russian oil and gas.[2]

    Targeting Major Russian‑Oil Buyers

    The proposed sanctions specifically name the United States’ main purchasers of Russian energy—most prominently India and China—as the likely subjects of future tariff actions.[2]

    By levying up to 100 % tariffs, the legislation would dramatically raise the cost of Russian oil for these importers, thereby reducing the revenue stream that supports Russia’s war effort in Ukraine.[2]

    India’s Growing Russian Crude Import Is a Key Concern

    India’s purchase of discounted Russian crude barrels has risen since the 2022 invasion of Ukraine, a shift the government attributes to its requirement for affordable energy amid volatile world markets and the need to hedge supply risks associated with transit routes such as the Strait of Hormuz.[2]

    The increase in Russian oil imports has prompted U.S. officials to express concerns that India’s trade with Russia could “support” the Russian economy, a claim that Indian officials have dismissed as driven by national security and market considerations rather than political motives.[2]

    U.S. Diplomacy Now Aiming to Resolve the Tariff Issue

    Peter Navarro, a senior U.S. trade counselor, indicated that a direct dialogue between President Donald Trump and Prime Minister Narendra Modi could settle the disagreement over whether or not India should face a 100 % tariff, citing the President’s stated capacity to enact the measure.[2]

    Navarro noted that the U.S. Senate bill had already outraged India, prompting him to suggest that public criticism should not dictate policy negotiations between the two leaders.[2]

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