US House approves Graham's Russia sanctions bill
The U.S. House of Representatives approved sweeping legislation that would impose tariffs of up to 100% on countries that buy Russian oil and gas, in a final vote on Sept. 16. The bipartisan bill, championed by the late Republican Senator Lindsey Graham, gives U.S. President Donald Trump authority to impose tariffs of up to 100% on the five largest buyers of Russian oil and natural gas, as well…
The U.S. House of Representatives has approved a bipartisan bill championed by late Republican Senator Lindsey Graham, imposing tariffs of up to 100% on countries that purchase Russian oil and gas. The legislation, which passed with 262 votes in favor and 159 against, grants President Donald Trump the authority to impose these tariffs on the five largest buyers of Russian oil and natural gas, as well as five countries assisting Moscow in evading energy sanctions.
The bill faced stronger opposition in the House, with some Democrats fearing it would grant Trump excessive authority over tariffs. However, it passed in the Senate in early August and received support from both major political parties ahead of the midterm elections on November 3. The bill targets countries importing Russian energy products, with the list of targeted countries to be reviewed every 180 days.
Exemptions are provided for countries importing less than 15% of Russia's total natural gas exports and actively reducing those imports.
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