Trump signs Bill authorising sweeping Russia sanctions
It targets Moscow's so-called shadow fleet of tankers used to evade Western sanctions, and allows Trump the authority to impose tariffs of up to 100 per cent on major buyers of Russian oil and gas.
On Friday, September 18, US President Donald Trump signed a bill into law authorizing new sanctions against Russia following its war against Ukraine. The legislation, which cleared Congress after months of delay, targets Russia's energy and defense sectors, President Vladimir Putin, and other senior officials. It also includes provisions to impose tariffs of up to 100% on major buyers of Russian oil and gas.
The bill allows Trump the authority to target companies and foreign actors supporting Russia's military and extend existing sanctions involving Iran. Ukrainian President Volodymyr Zelenskyy hailed the legislation as "symbolic" and thanked US lawmakers, stating that strong sanctions are necessary to bring Russia to the negotiating table for peace.
India, a key Russian energy partner, affirmed it would continue buying oil through diversified sourcing despite Western pressure. The Republican-led House of Representatives passed the package with a 262-159 vote, while Democrats largely supported Ukraine but resisted giving Trump broader trade authority. The bill's signing comes a week before Trump is set to meet with Chinese President Xi Jinping in Washington.
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