US House passes bill 262-159 granting 100% tariff authority

US House passed a bill 262-159 on Wednesday that would let President Trump impose 100% tariffs on countries buying Russian oil and gas, a move that could reshape trade ties with major importers including India.

100% tariff authority

The legislation, supporters said, would give the president authority to levy tariffs of up to 100% on imports from nations that purchase Russian petroleum and natural gas; it would also expand sanctions targeting Russia's energy sector, officials said. Lawmakers backing the measure described it as a tool to tighten pressure on Moscow's revenue streams while allowing exemptions if national security requires.

Opponents said the tariff powers could provoke trade retaliation and complicate diplomatic ties with allied and partner countries that rely on Russian supplies, officials said. The House vote was 262 in favor and 159 against; the bill's backers argued that higher duties would deter purchases of Russian energy without direct U.S. military escalation.

Implications for energy and trade

If the Senate concurs and the president signs the bill, countries importing Russian oil and gas could face steep duties, which market participants say would likely push energy prices higher and force buyers to seek alternative suppliers.

If the Senate approves and the president signs by October 1, the tariff authority could be implementable thereafter, prompting rapid adjustments in trade contracts and shipping arrangements.