US Congress passes bill threatening 100% tariffs on nations buying Russian energy
The US Congress has passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which could impose tariffs of up to 100% on countries purchasing Russian energy. The House of Representatives approved the bill by a 262-159 vote on Wednesday. The legislation is now headed to President Donald Trump and is designed to reduce Moscow's revenue streams. The bill has also exposed divisions among Democrats regarding the extent of presidential trade authority.
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