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House Advances Graham Sanctions Bill That Could Let President Impose 100% Tariffs

The bill hands the president statutory power to levy up to 100 percent tariffs on major buyers of Russian energy, creating leverage over Moscow, raising risks for trade partners, increasing costs for U.S. consumers.

Overview

  • The House cleared a key procedural step and then advanced the measure in a narrow 214–211 floor action after the Rules Committee moved it forward on Tuesday, setting up a final House vote the next day.
  • The legislation, which the Senate approved 86–11 in August, would authorize the president to impose tariffs of up to 100 percent on the five largest buyers of Russian oil or gas and on countries or entities judged to aid sanctions evasion.
  • A House amendment from Rep. Steny Hoyer would explicitly name 10 countries — including China and India — as initially eligible for the tariff authority, while other Democrats have filed amendments to remove or tightly limit the tariff power.
  • Beyond tariffs, the bill expands targeted sanctions on Russian officials, banks, state energy firms and the so‑called “shadow fleet” of tankers and it extends existing Iran sanctions, but it does not compel the president to use the new tariff authority.
  • If enacted, implementation steps by the U.S. Trade Representative and executive waivers would determine which countries and goods face duties and how often designations are reviewed, creating both diplomatic friction and potential cost impacts for U.S. consumers and exporters.