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Trump signs bill imposing sanctions on Russia and giving him more power to levy tariffs

Trump signs bill imposing sanctions on Russia and giving him more power to levy tariffs

Summary

President Donald Trump signed a new law that expands sanctions on Russia to pressure it to end its war with Ukraine. The law also gives him more power to set tariffs on countries buying Russian energy or helping Russia avoid sanctions.

Key Facts

  • The bill is called the Lindsey O. Graham Sanctioning Russia and Iran Act, named after the late senator Lindsey Graham.
  • It passed the House of Representatives with a bipartisan vote of 262-159.
  • The law targets Russian political and military officials and foreign networks supporting Russia’s war efforts.
  • It focuses on reducing Russia’s income from oil and natural gas by sanctioning buyers and “shadow tankers” used to transport oil.
  • The law allows President Trump to impose tariffs up to 100% on countries buying Russian energy, including China.
  • Trump can decide which countries face tariffs and if some sanctions can be waived for certain nations.
  • Some Democrats worry the law gives Trump too much power to impose tariffs, considering past legal limits on his tariff authority.
  • The law reflects a change in the Trump administration’s previous reluctance toward additional sanctions on Russia.
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