Story perspectives

Bipartisan Bill Proposes 100% Oil Tariffs on China, India

7/15/2026

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Senators Target Buyers

The bill would impose 100% tariffs on oil and gas purchases by the five biggest buyers, including China and India.
Democratic and Republican senators presented a Russia sanctions bill honoring the late Sen. Lindsey Graham, now pending Senate action.
Negotiators cut the list from over 60 tariff targets to five countries after Treasury talks.
President Donald Trump said the bill had a chance and noted sanctions could hit Iran.

Right

Graham Secures Sanctions

Senator Mike Rounds said Lindsey Graham discussed the sanctions bill on call with President Donald Trump after returning from Ukraine.
Senators Richard Blumenthal, Jeanne Shaheen, Roger Wicker and Lindsey Graham announced agreement with White House on language for Russia sanctions bill.
Senate Majority Leader John Thune said legislation would honor Graham’s legacy and strengthen Ukraine’s security.
Richard Blumenthal posted that passing the sanctions bill would be a fitting tribute to Graham.

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Senators Target Buyers

The bill would impose 100% tariffs on oil and gas purchases by the five biggest buyers, including China and India.
Democratic and Republican senators presented a Russia sanctions bill honoring the late Sen. Lindsey Graham, now pending Senate action.
Negotiators cut the list from over 60 tariff targets to five countries after Treasury talks.
President Donald Trump said the bill had a chance and noted sanctions could hit Iran.

1 / 2