US Senators Unveil Russia Sanctions Bill With 100% Tariffs on 5 Major Buyers
Updated
Updated · CNN · Jul 14
US Senators Unveil Russia Sanctions Bill With 100% Tariffs on 5 Major Buyers
3 articles · Updated · CNN · Jul 14
Summary
More than two dozen senators backed a bipartisan bill unveiled Tuesday that would sanction Vladimir Putin, Russian elites, state firms, banks, energy projects and the shadow fleet.
Up to 100% tariffs would hit the top five buyers of Russian oil and the top five buyers of Russian gas—now narrowed from more than 60 countries—with China exposed on both fronts and India named among crude buyers.
Backers said the measure was tailored to choke the oil-and-gas revenue funding Moscow’s war in Ukraine, while exempting countries that take less than 15% of Russia’s gas exports and are cutting purchases.
Trump’s support after technical talks with the White House and Treasury has boosted confidence the bill can pass, with Sen. Richard Blumenthal saying the Senate could approve it before August.
Lawmakers also cast the package as a tribute to Lindsey Graham, who announced White House agreement on Friday and died a day later after calling it a potentially defining achievement.
Will threatening 100% tariffs on China and India cripple Russia's war machine or ignite a global trade war?
How can the world counter Russia's ghost fleet of drone-launching tankers before it causes a major disaster?
2026 U.S. Sanctions Bill: Bipartisan Push to Slash Russia’s War Revenue With Tariffs and Shadow Fleet Measures
Overview
On July 14, 2026, a bipartisan group of US senators unveiled a revised sanctions bill aimed at cutting off Russia’s war-funding revenue during its conflict in Ukraine. The bill has strong support from both Democratic and Republican senators, who see it as a crucial response to the war. After the passing of Senator Lindsey Graham, the bill lost its most passionate Republican supporter, but lawmakers from both parties are determined to advance it in his honor. There is uncertainty about whether his absence will slow the bill or inspire Congress to pass it as a tribute to his legacy.