US Senate Bill Seeks 100% Tariffs on India, 4 Other Nations for Buying Russian Oil
- On Friday, Sen. Lindsey Graham announced in Kyiv that, "as of thirty minutes ago," he and a bipartisan group of senators reached a compromise with the Trump administration on Russian sanctions.
- For two years, Graham and Democratic Sen. Richard Blumenthal authored the bipartisan legislation, which previously failed to reach a vote despite having 85 co-sponsors because the White House rejected it.
- Authorizing President Trump to impose secondary tariffs of up to 100 per cent, the proposed legislation mandates sanctions against Russian leadership, state-owned banks, the energy sector, and the so-called "shadow fleet."
- The administration's previous concerns about restricted negotiation power with Putin to end the war in Ukraine led to the recent compromise.
- While 61 senators support the initiative—including 39 Republicans and 22 Democrats—the timeline for Senate debate remains unclear, and the bill must still receive approval from the House.
30 Articles
30 Articles
Sen. John Curtis backs legislation to impose tariffs on countries buying Russian oil and gas
WASHINGTON, D.C. – Sen. John Curtis (R-UT) has joined a coalition of more than 60 senate colleagues proposing legislation targeting major purchasers of Russian oil and gas to hold them accountable for supporting Russia’s war in Ukraine.
US Sen. Graham’s Russia sanctions bill sat stalled for over a year—now the Senate has the votes to pass it
A Russia sanctions bill that stalled in Washington for more than a year now has enough co-sponsors to clear a key Senate hurdle, Axios reported. US Senate leadership formally introduced the measure days after the death of its author, the late Senator Lindsey Graham, and US President Donald Trump has signaled he is open to signing it. For more than a year, near-unanimous Senate support for squeezing Russia's oil trade collided with a White House …
Senate advances sweeping Russia sanctions bill targeting top oil buyers, provoking China
A bipartisan Senate bill, named the “Lindsey Graham Russia Accountability Bill,” would authorize President Trump to impose up to 100% tariffs on the five largest buyers of Russian oil and gas, including China and India. The legislation has White House backing and Senate Majority Leader John Thune has signaled a vote could occur within 30 […]
For a long time, the American Congress has been planning new sanctions against Moscow and punitive tariffs against buyers of Russian oil and gas. President Trump barred himself from it, but now, after the demise of his personal friend, he expresses himself favourably.
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