Trump formally backs Russia sanctions bill allowing 500% tariffs on oil buyers
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Developing
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President Trump has formally greenlit a bipartisan Russia sanctions bill co‑authored by Sens. Lindsey Graham and Richard Blumenthal (with a House companion from Rep. Brian Fitzpatrick) that would authorize tariffs—reportedly up to 500%—and secondary sanctions on countries buying Russian oil, gas, uranium and other exports to choke off funding for Moscow’s war. Graham said he met with Trump at the White House and a White House official confirmed administration backing, and lawmakers say a Senate vote could come as soon as next week amid concurrent U.S. enforcement actions and peace‑negotiation efforts led by Jared Kushner and Steve Witkoff.
Russia Sanctions and Tariffs
Donald Trump
Russia–Ukraine War