U.S. Senator Lindsey Graham has announced that President Donald Trump supports a new bipartisan sanctions bill targeting Russia, with Senate consideration expected in July and a potential vote as early as this month. The legislation proposes imposing tariffs of up to 500% on goods imported from countries that continue to purchase Russian oil, gas, uranium, and other products without supporting Ukraine. India and China, which reportedly buy about 70% of Russia's oil, are specifically mentioned as targets of these tariffs. Senate Majority Leader John Thune has indicated efforts to bring the bill to the Senate floor before the August recess, emphasizing bipartisan support and coordination with the White House and the House of Representatives. Trump has expressed willingness to back the sanctions bill but insists on retaining full control over the enforcement and lifting of sanctions, seeking to have the final say rather than Congress or the State Department. The bill aims to increase U.S. leverage in negotiations related to the Ukraine conflict and curb Moscow's energy sector funding. House Speaker Mike Johnson and other congressional leaders have also voiced support for advancing the sanctions. The proposed measures have raised concerns about potential global trade tensions due to the high tariffs on countries trading with Russia.
Trump, Congress raise sanction threats against Russia https://t.co/B57kdKQ97D
Thune hopes to pass Russia sanctions bill by August https://t.co/YOLj7tGNt7
⚡ The vote on the Russia sanctions bill could happen as early as this month, says US Senate Majority Leader John Thune. https://t.co/Fz2g8qQo23