Russia Sanctions Bill Stalls in US House Amid Tariff Concerns
The measure would let the president impose tariffs of up to 100% on countries buying Russian energy, drawing opposition from Democrats and some Republicans.
- The Senate passed a Russia sanctions bill in August by an 86-11 vote, but the legislation now faces significant resistance in the House and remains stalled ahead of the November midterm elections.
- Named for the late Senator Lindsey Graham, the legislation authorizes President Donald Trump to impose tariffs of up to 100% on nations purchasing Russian energy or assisting Moscow in evading Western sanctions.
- Minority Leader Hakeem Jeffries expressed "serious concerns" that the bill "risks providing tariff and sanctions authority" the administration might abuse, while business groups warn of unintended economic consequences.
- Bloomberg reports the measure will likely be pushed back until after the November elections, as House Speaker Mike Johnson faces pressure to round up votes amid mounting political friction.
- Analysts at the Cato Institute warn the bill lacks clear metrics for naming targets, while Senator Richard Blumenthal argues sanctions are urgent given Russia's $125 billion deficit and 14% interest rate on national debt.
30 Articles
30 Articles
Breather for India? Trump’s Russia sanctions bill may be stalled for now; could have led to 100% tariffs
Lawmakers are concerned that the legislation could give President Donald Trump broader authority to impose tariffs and potentially push oil prices higher. Meanwhile, India’s reliance on Russian crude has increased sharply and is at record levels.
Fuel Costs and Corporate Pushback Stall US “Sanctions From Hell”
A Russia sanctions bill that overwhelmingly passed the Senate last month faces mounting opposition in the US House and is likely to stall until after the November elections over concerns regarding expanded tariff powers and rising oil prices, Bloomberg reported on September 3.
Despite the US Senate voting on the sanctions package last month, the House of Representatives can trigger the process.
The draft law on sanctions against Russia, adopted by a overwhelming majority of the Senate just last month, faces an increasingly strong opposition in the US House of Representatives and is likely to remain blocked at least until...
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
