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Sanctioning Russia Act threatens Moscow, allies with 500% tariffs

On HALO

6 days ago

Through the Sanctioning Russia Act, bipartisan lawmakers are preparing to impose a 500% tariff — an all-out signal to the Kremlin and its partners: de-escalate the war in Ukraine or face steep economic consequences.The measure, crafted by Sens. Lindsey Graham (R-S.C.) and Richard Blumenthal (D-Conn.), grants President Donald Trump broad authority to impose economic penalties on Russia. These colossal tariffs would target the heart of Russia’s economy — its oil and gas exports — if Moscow continues to defy peace efforts or escalate the conflict.A SHADOWY FLEET OF ‘GHOST SHIPS’ IS FERRYING RUSSI...

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6 days ago
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