 "US President Donald Trump")
The government is closely monitoring announcements from Washington following US President Donald Trump’s threat to impose tariffs on nations purchasing Russian crude oil, natural gas and uranium, officials said, adding that the situation doesn’t merit concerns at the moment.
On July 9, US President Donald Trump publicly backed a proposed legislation that includes a provision of sanctioning countries such as India and China with 500 per cent tariffs for purchasing Russian energy. The Sanctioning Russia Act of 2025 also calls for deeper sanctions against Russian politicians, businesses and government entities. With bipartisan support, the bill is expected to get the
