<h1>US imposes secondary sanctions and reciprocal tariffs totaling 50% on major Russian oil buyer, effective Aug 27</h1> The US President announced secondary sanctions and reciprocal tariffs targeting a major purchaser of Russian oil, stating additional measures remain possible; the measures include a 25% tariff plus a further 25% levy on purchases of Russian oil, effective August 27, amounting to a 50% duty. The US framed the sanctions as inflicting substantial costs on Russia and signaled similar steps may follow. The targeted country's government condemned the tariffs as unjustified and unreasonable, said it will protect farmers and small industries, and warned it will take necessary measures to safeguard national interests and economic security.