New Delhi, Jan. 8 -- US President Donald Trump is now on board with the bipartisan Russia Sanctions Bill floated by Senator Lindsey Graham, greenlighting a route that could see the US tariffs on India shoot up to an unbelievable 500% from the already-high 50% rates.

Here is everything you need to know about the Sanctioning Russia Act, 2025, a bill that was floated by Graham to cripple Moscow economically.

The Russia sanctions bill, titled Sanctioning Russia Act of 2025, allows the administration to impose tariffs and secondary sanctions on countries that purchase Russia's oil, gas, uranium and other exports. This includes countries like India and China, who face a 500% tariff if the bill is cleared.

The purpose of the bill is to crippl...