ZisNews - Breaking News & Updates

US treasury obligations secretarial assistant george c. Scott Bessent on tues said chairwoman Donald Trump does need the authority from the Senate to impose 500 per cent tariffs on countries purchasing Russian oil.On India, the Treasury Secretary claimed that New Delhi has stopped buying Russian oil after the Trump administration imposed 25 per cent tariffs.Bessent was referring to the Russia Sanctions Bill allows the US to impose at least 500 per cent tariff on countries purchasing Russian oil. US President Donald Trump has greenlit the bill earlier this month.“On the 500% tariff on the buyers of Russian oil, that is a proposal that Senator Graham has in front of the Senate and we will see whether that passes. We don't believe that President Trump needs that authority, that he can do it under IEPA, but that the Senate wants to give him that authority,” Bessent said in an interview.The White House official blamed Europe for buying Russian oil, even as he said that New Delhi has “stopped buying” Russian oil.“We have Europe buying Russian oil, still, four years later, they are financing the war against themselves. India started buying Russian oil after the conflict began, but President Trump put a 25% tariff on them, and India has geared down and has stopped buying Russian oil,” he said. He also hit out at China, one of the top buyers of Russia oil. On January 8, US Senator Lindsey Graham, while making the details of the bill public, said that the proposed legislation would give President Trump “tremendous leverage against countries like China, India and Brazil to incentivize them to stop buying the cheap Russian oil that provides the financing for Putin’s bloodbath against Ukraine.”

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

After Trump's 500% tariff threat, US Treasury Secretary's message to India on Russian oil purchase

Global News Perspectives

Customizable News Feed

Like or Comment on News

Download the Android App

Diverse News Categories

Category News

Country News