New Delhi, Jan. 8 -- Amid rapidly changing geopolitics with significant bearing on global trade, US President Donald Trump has given his nod to Russia Sanctions Bill which seeks to impose upto 500% tariff on countries including India, China and Brazil for purchasing Russian oil.

Republican Senator Lindsey Graham in a post on X (formerly Twitter) said that Trump greenlit the bipartisan Russia sanctions bill that he has been working on for months.

"After a very productive meeting today with President Trump on a variety of issues, he greenlit the bipartisan Russia sanctions bill that I have been working on for months with Senator Blumenthal and many others," he wrote on the micro-blogging site.

Graham said that the bill will allow Preside...