--:--:--
⬤ HIGH 19 Sep 2026, 14:48 UTC

US sanctions target Chinese and Indian buyers of Russian oil but Trump may limit enforcement

The U. S. Congress has approved a sanctions package targeting major buyers of Russian resources, specifically China and India. The primary mechanism involves secondary import duties of up to 100% on goods from countries that continue to purchase energy from Moscow. While the measure is drastic, the actual impact on the Russian budget depends on whether Donald Trump is willing to initiate a full-scale trade war with Beijing and New Delhi. Experts suggest the U. S. President may prefer targeted threats over a total blockade to prevent a sharp spike in global fuel prices. Budget Risks and Logistics The new law grants the White House authority to impose prohibitive tariffs on states maintaining trade ties with Russia. In a worst-case scenario, this could reduce Russian oil and gas revenues by 15%, potentially widening the budget deficit to 4.5% of GDP. However, such an outcome would require the total isolation of Moscow's five largest trading partners, which is considered unlikely.
\
Terms of Service