U.S. President Donald Trump signed legislation targeting Russia with new sanctions and tariffs, including up to 100% duties on imports from top oil buyers. The bill, named after Sen. Lindsey Graham, authorizes tariffs on countries importing Russian oil and gas, including China and India.
The measure, passed by the House 262-159, allows the president to impose tariffs on the top five largest importers of Russian oil and gas, with exemptions for countries reducing imports or those not involved in sanctions evasion. Graham's bill, which expanded sanctions on Russian officials and energy sectors, was renamed in his honor after his death.
The legislation, which faces opposition from some lawmakers over its broad powers, includes provisions allowing the president to waive sanctions in the national interest. It aims to pressure Russia through economic measures, with potential impacts on U.S.-India trade negotiations and energy markets.