Trump greenlights Russian sanctions bill, paving way for 500% tariff on countries supporting Moscow: Graham

Trump reportedly approves bipartisan Russia sanctions bill imposing 500% tariffs on countries buying Russian oil, as Graham announces pivotal Ukraine policy shift.

Sen. Lindsey Graham, R-S.C. speaks during a news conference at the U.S. Capitol on July 31, 2024, in Washington, DC. (Kent Nishimura/Getty Images)

According to the Sanctioning Russia Act of 2025, the bipartisan legislation is designed to grant Trump sweeping, almost unprecedented, authority to economically isolate Russia and penalize major global economies that continue to trade with Moscow and finance its war against Ukraine.

Most notably, the bill would require the United States to impose a 500% tariff on all goods imported from any country that continues to purchase Russian oil, petroleum products or uranium. The measure would effectively squeeze Russia financially while deterring foreign governments from undermining U.S. sanctions.

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The vessel tanker Bella 1 was spotted in Singapore Strait, after U.S. officials say the U.S. Coast Guard pursued an oil tanker in international waters near Venezuela. (Hakon Rimmereid/via REUTERS)

The move on the Russian sanctions bill follows another sharp escalation in America’s clampdown on Moscow. Earlier on Wednesday, U.S. forces reportedly seized an oil tanker attempting to transport sanctioned Venezuelan oil to Russia.

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Graham publicly celebrated the seizure in another post on X, describing it as part of a broader winning streak of U.S. intervention aimed at Venezuela and Cuba. 

In the post, he also took aim at critics such as Sen. Rand Paul, who has opposed the bill, arguing that it would damage America’s trade relations with much of the world.

Fox News Digital reached out to the White House for comment.

Bonny Chu is a Digital Production Assistant at Fox News Digital.

https://www.foxnews.com/politics/trump-greenlights-russian-sanctions-bill-paving-way-500-tariff-countries-supporting-moscow-graham