U.S. President Donald Trump signed a sweeping sanctions bill targeting Russia and top oil importers, imposing tariffs of up to 100% on goods from countries buying Russian oil. The law, named after Sen. Lindsey Graham, expands sanctions on Russian officials and energy sector actors.
The bill, passed by Congress with bipartisan support, authorizes tariffs on the top five countries importing Russian oil and natural gas. It also allows the president to waive duties with a national-interest certification. China and India, among the largest buyers of Russian oil, could be affected.
The legislation aims to pressure Russia and its allies, with President Zelensky calling it a tribute to Graham. The bill is seen as a major step in countering Russian influence, though some lawmakers opposed its broad tariff authority. The law also extends the Iran Sanctions Act for five years.