$TRUMP Backs 500% Tariff Bill on China & India Over Russian Oil Ties
🚨 “If you’re buying products from Russia and not helping Ukraine, there’s a 500% tariff on your products coming into the U.S.,” Senator Lindsey Graham said after Trump endorsed the Senate bill.
💥 The bill targets nations like China and India, which together account for ~70% of Russia’s oil exports. The goal? To pressure Putin into Ukraine peace negotiations.
📊 With 84 co-sponsors, it’s being called an “economic bunker buster” designed to choke nations fueling Russia’s war economy.
🌍 What does this mean for global trade and crypto markets?
Could this trigger supply chain shocks and fuel inflation?
