US House passes sanctions, tariff bill to raise economic pressure on Russia
- On Wednesday, the U.S. House of Representatives passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 by a 262-159 vote, sending it to President Donald Trump for his signature.
- Graham's unexpected death in July provided fresh momentum for the package, which aims to increase economic pressure on Russia over its 2022 invasion of Ukraine and force President Vladimir Putin to end the war.
- Targeting Russia's energy sector, the bill authorizes tariffs of up to 100% on the five largest buyers of Russian oil and gas, with exceptions for countries importing less than 15% of their natural gas from Russia actively reducing reliance.
- House Minority Leader Hakeem Jeffries opposed the measure, claiming "there are so many loopholes" regarding tariff authority; Rep. Don Beyer also criticized the bill, fearing it allows the administration to define any nation as an evasion facilitator without oversight.
- Ukrainian President Volodymyr Zelenskyy supported the measure, which Republican Rep. Michael McCaul described as having "teeth" to amplify sanctions; McCaul noted the legislation can "bleed the regime" to bring Russia to the negotiating table.
474 Articles
474 Articles
US approves sweeping Russia sanctions with 100% tariff threat for its trade partners
US lawmakers have approved sweeping new sanctions on Russia, including a potential 100% tariff on countries that continue trading with Moscow, escalating economic pressure over the Ukraine war.
The Ministry of Foreign Affairs of India stated that US sanctions against Russian oil buyers could harm New Delhi's relationship with the United States: reactions to the approval of the Russian Sanctions Bill in Congress
US Congress approves Russia sanctions
US lawmakers have approved sweeping new sanctions targeting Russia's economy and Putin's inner circle, with Trump set to sign a bill that also threatens steep tariffs on major buyers of Russian oil, including China and India.
India is facing a new economic threat from the US after the House of Representatives passed legislation giving President Donald Trump sweeping powers to impose sanctions on Russia and tariffs of up to 100 percent on countries that buy Russian oil and gas. The bill is now expected to go to Trump for signature, with India and China among the countries most exposed to potential measures because of their roles as major buyers of Russian oil. For Ind…
India reacts to US Sanctions on Russia; Reaffirms energy security
New Delhi: India on September 16, Thursday reaffirmed its commitment to ensuring energy security for its 1.4 billion people after the US House of Representatives passed the Russia sanctions bill, which also targets Moscow’s major energy importers, including India. Noting the high-level talks with US interlocutors, New Delhi had highlighted the potential trade and economic risks arising from the legislation. In a statement issued following the pa…
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