America has no problem with countries including India who are friends from Russia. Indian Embassy Senator Lindsay Graham (Republican) and Richard Bluemethal (Democrat) have introduced a bill. Its name is Russia Ban Act of 2025. This bill will increase pressure on countries buying oil and energy products from Russia. Especially on India and China. This bill is very large and full of controversies. There is a special thing in this bill. If a country buys oil, gas or uranium from Russia, then 500% tax will be levied on goods coming to America from that country. This will make that stuff very expensive. This bill has been introduced so that the world does not depend on Russia for energy and Russia can be punished for war in Ukraine. This bill has created a stir all over the world.
What will be the effect on India?
This bill will have a very bad effect on India. Because since the Russia-Ukraine War, India is benefiting from cheap Russian oil. In 2024, Russian oil stake in India’s total crude oil imports was around 35%.
What is Trump’s role?
The future of this bill also depends on US President Donald Trump. They do not like this bill as it is right now. This bill is different from general economic sanctions. The bill does not directly target Russian companies or banks, but forces countries that buy energy from Russia. If they do so, their exports will be fined to the US. The bill also states that 500% tax will be levied on goods coming to America. The President will have the right to stop this tax for 180 days. Tax can also be stopped for the second time, but for this the approval of the Congress will be necessary. According to reports, Trump will sign the bill only when he gets full right to implement it.
President’s wings will be cut
At present, it is written in the bill that approval of the Congress will also be necessary. For example, if the President wants to stop tax, the Congress may stop. The White House does not like this. He says that this will reduce the President’s power to run a foreign policy. ‘The Wall Street Journal’ wrote last month that Trump’s team wants ‘May’ to be written in place of ‘Shall’ in the bill. This will give the President the right to impose or not tax. They also want the President to exemption in matters, essential goods and national security matters and the Congress should not have the right to veto. That is, Trump wants him to have full right to ban.
… then there will be problems in business
If this bill passes as now, then it will have a very bad effect on business and diplomacy. The tax of 500% is so high that goods from countries like India, China, Türkiye and Africa will stop coming to America. This will cause a lot of problems in the business. Things will become expensive for American companies and customers.
This can also spoil relations with America’s friends. Many countries, especially poor countries, consider restrictions as the bullying of Western countries. If the United States forces them to make elections between Russia buying energy or trade with the US, it can cause harm. Some countries may strengthen their relations with China or Russia. Business changes and retaliation can increase inflation in the US, especially in the fields of electronics, textiles and medicines.
