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In a fresh move aimed at ending the ongoing war in Ukraine, US President Donald Trump has reportedly backed a major sanctions-related bill to intensify pressure on Russia. The proposed legislation focuses on tightening economic measures against Moscow and its global trade partners.
As part of the proposal, countries purchasing crude oil from Russia including India and China could face steep tariffs of up to 500 percent. Trump’s willingness to support such measures has drawn widespread attention.
The development came into the spotlight after Republican Senator Lindsey Graham shared details on the social media platform X. Analysts warn that if implemented, the move could have serious implications for global trade dynamics and energy markets.
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