How US Senate Russia sanctions could spell 100% tariffs for India, China
Summary
The US Senate has passed the “Lindsey O Graham Sanctioning Russia Act of 2026” with strong support, aiming to punish Russia by using sanctions and tariffs, including high tariffs on countries buying Russian energy. The bill now moves to the House of Representatives but may face delays after President Trump asked to add Iran-related tariffs, which has caused concern among some lawmakers.Key Facts
- The bill passed the Senate 86 to 12 and is named after the late Senator Lindsey Graham.
- It targets Russian President Vladimir Putin, top officials, defense companies, and Russia’s oil tanker network.
- The bill allows up to 100% tariffs on exports to the US from the top five buyers of Russian energy and military equipment.
- Tariffs on Russian imports to the US can be as high as 500%.
- Potentially affected countries include China, India, and Türkiye, which buy large amounts of Russian energy.
- President Trump wants to add tariffs related to Iran, which could delay the bill and reduce Democratic support.
- Ukrainian President Zelenskyy supports the bill and attended Graham’s funeral in the US.
- The House of Representatives is currently on summer break, delaying further action.
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