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Senate Approves Graham Sanctions Bill to Tighten Pressure on Russia and Iran

The measure gives the president power to impose up to 100% tariffs on major buyers of Russian energy, a move that could reshape trade ties with China and India.

Overview

  • The Senate approved the bipartisan sanctions bill on Friday and sent it to the House of Representatives for consideration.
  • The legislation would let the president levy up to 100% secondary tariffs on up to five top importers of Russian oil and gas and on up to five countries that help Moscow evade sanctions.
  • The bill targets Russia’s financial and energy lifelines, including the Central Bank, major state LNG projects and the so-called “shadow fleet” of tankers used to move oil.
  • Ukrainian President Volodymyr Zelensky lobbied senators in the Capitol before the vote and was present in the chamber during the Senate’s approval.
  • If the House approves the measure it would go to President Donald Trump to sign, and experts warn the broad tariff and secondary-sanctions tools would raise legal, diplomatic and market enforcement challenges across global trade systems.