President Donald Trump is backing the Sanctioning Russia Act of 2025, legislation designed to impose tariffs of at least 500% on countries buying Russian energy. According to a report by CNN, the White House confirmed its support for the measure. The Wall Street Journal has also reported that the bill would specifically target China and India as major buyers of Russian oil. Notably, the bill also grants Trump the authority to waive sanctions if deemed in U.S. national interest, and includes exceptions for countries importing less than 15% of Russia's natural gas exports and taking meaningful steps to reduce those...