US eases Russia sanctions bill, cuts tariff threat on India and China from 500% to 100%

The United States has eased a proposed Russia sanctions bill, reducing the threatened tariff on India and China from 500% to 100%. The bill, backed by President Donald Trump, originally aimed to impose 500% tariffs on countries importing Russian oil. The revised version lowers the tariff threat significantly while still targeting nations that continue energy trade with Russia. The move reflects a shift in US policy to balance pressure on Russia with maintaining trade relations with major economies like India and China.