Tuesday, 02 January 2024 12:17 GMT

Graham's Russia Sanctions Bill To Go To House Vote Next Week Bloomberg


(MENAFN- UkrinForm) According to Ukrinform, Bloomberg reported this, citing a person familiar with the plans.

The bill will come up under a procedure requiring a simple majority vote to pass, the person said.

The bill, authored by the late Senator Lindsey Graham of South Carolina, a stalwart Ukraine supporter, would authorize President Donald Trump to levy 100% tariffs on the top five buyers of Russian crude and natural gas, as well as the top five countries aiding Russia's energy sanctions evasion. China,

The news agency notes that India and Turkey are the largest purchasers of Russian petroleum products.

Read also: Zelensky: Canada's anti-ballistic sanctions could take effect in October

It also notes that the legislation had faced mounting opposition in the House amid worries that the measure would expand Trump's tariff powers and drive up oil prices.

But House leaders ultimately decided to go forward with the legislation, which has bipartisan support and the backing of the White House, when they return to Washington from this week's Republican midterm convention.

On August 7, the U.S. Senate approved Lindsey Graham's bill to tighten sanctions against Russia and Iran.

Photo: Spencer Davis/pexels

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