US may impose 500% tariffs on countries buying Russian oil – Bloomberg

Iryna Nesterova10:56, 01.05.25

Lindsey Graham says that 72 senators are ready to support the relevant bill.

A bill on new US sanctions against Russia and countries that buy Russian oil has the support of 72 senators, said Republican Senator Lindsey Graham of South Carolina, Bloomberg reports .

According to a document seen by the publication, the sanctions include a 500% duty on imports from countries that buy Russian oil, petroleum products, natural gas and uranium. The sanctions will also prohibit US citizens from buying Russian sovereign debt.

After concluding a mineral deal with Ukraine, Graham said that the purpose of the new bill is to help President Donald Trump.

“He spoke of his frustration. I want a negotiated end to the war, dignified and just. I think Trump is the best person to achieve that goal, but these sanctions reflect the view that the Senate sees Russia as the main culprit,” the senator noted.

Graham added that Russian dictator Vladimir Putin “would make a huge mistake playing with Trump, so this bill is a tool in the president’s arsenal.” In his view, Putin will ultimately have to choose between negotiating an end to the war and “destroying” the Russian economy.

(c)UNIAN 2025

One comment

  1. What is wrong with slapping on these sanctions now, then lifting them once peace is reached? Threatening Putler with something will not work. You have to hit the bastard hard.

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