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.
US President Donald Trump signed a bill on Friday authorizing new sanctions against Russia in response to its war in Ukraine. The legislation targets Russia's energy and defence sectors, as well as President Vladimir Putin and other senior officials. It also allows Trump to impose tariffs of up to 100% on major buyers of Russian oil and gas, potentially covering China and India.
The bill was approved by the Republican-led House of Representatives with a 262-159 vote. Ukrainian President Volodymyr Zelenskyy hailed the legislation as "symbolic" and thanked US lawmakers, stating that strong sanctions are needed to bring Russia to the point of making peace. India, Russia's largest strategic partner, said it would continue buying oil through diversified sourcing.
Brief written by urgent.news from Channel News Asia's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
