U.S. Senator Lindsey Graham has proposed a new sanctions bill targeting Russia and its trading partners, with backing from former President Donald Trump. The legislation seeks to impose tariffs of up to 500% on countries that continue to purchase Russian oil, gas, uranium, or other goods without supporting Ukraine. India and China, which reportedly buy about 70% of Russia's oil exports, are explicitly mentioned as targets for these tariffs. The bill aims to pressure Russia economically by penalizing nations that indirectly support its military efforts. Senate Majority Leader John Thune has indicated that the Senate could vote on the bill as early as July, before the chamber's August recess, and efforts are underway to coordinate with the White House and the House of Representatives to finalize the legislation. The bill enjoys bipartisan support and is seen as a tool to strengthen U.S. leverage in negotiations related to the conflict involving Ukraine. Trump has expressed that the time has come to advance the bill, and Graham has described it as a "sledgehammer" against Russian President Vladimir Putin. Discussions continue on the possibility of canceling the August Senate recess to expedite the bill's passage.
Graham: The game’s changed, Putin. You played Trump and made a mistake. Ukraine's getting armed, your economy’s getting crushed. China, India, Brazil: keep buying Putin’s oil, and Trump will tariff the hell out of you. It’s blood money and this ends now. 1/ https://t.co/7bXH2wlyTR
Senate Republican Leader Thune Considers President Trump's Proposal To Cancel August Break 🏛️🤔
SENATE REPUBLICAN LEADER THUNE SAID HE’S “THINKING ABOUT” PRESIDENT TRUMP’S SUGGESTION TO CANCEL THE AUGUST RECESS, AS REPORTED BY SEMAFOR.