Capital Cash Digest
  • Business
  • Politics
  • Finance
  • Stocks
  • Investing
  • World News

Capital Cash Digest

  • Business
  • Politics
  • Finance
  • Stocks
  • Investing
  • World News
Politics

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

by admin January 8, 2026
January 8, 2026
Trump greenlights Russian sanctions bill, paving way for 500% tariff on countries supporting Moscow: Graham

Sen. Lindsey Graham announced Wednesday that President Donald Trump has approved a Russian sanctions bill designed to pressure Moscow to end its war with Ukraine.

Graham revealed the development in a post on X, describing it as a pivotal shift in the U.S. approach to the Russia-Ukraine conflict. 

‘After a very productive meeting today with President Trump on a variety of issues, he greenlit the bipartisan Russia sanctions bill that I have been working on for months with Senator Blumenthal and many others,’ Graham said. 

‘This will be well-timed, as Ukraine is making concessions for peace and Putin is all talk, continuing to kill the innocent.’

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.

‘This bill will allow President Trump to punish those countries who buy cheap Russian oil fueling Putin’s war machine,’ Graham said.

‘This bill would give President Trump tremendous leverage against countries like China, India and Brazil to incentivize them to stop buying the cheap Russian oil that provides the financing for Putin’s bloodbath against Ukraine.’

Graham said voting could take place as early as next week and that he is looking forward to a strong bipartisan vote.

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

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.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
‘Irregular’ armed guards aboard Russian shadow tankers alarm Nordic-Baltic governments
next post
Steadright Binds Deal for Historic Copper-Lead-Silver Project in Morocco

You may also like

JONATHAN TURLEY: Impeachment obsession returns as Democrats recycle...

January 7, 2026

Maduro’s son gives ‘unconditional support’ to newly sworn...

January 6, 2026

Trump, first lady set for Washington Trump–Kennedy Center...

January 8, 2026

Trump issues direct warning to Venezuela’s new leader...

January 5, 2026

17 Republicans rebel against House GOP leaders, join...

January 9, 2026

European allies working on plan if US acts...

January 9, 2026

James Comer to accuse Tim Walz of being...

January 7, 2026

‘Irregular’ armed guards aboard Russian shadow tankers alarm...

January 8, 2026

Toppling Maduro was easy — governing Venezuela could...

January 6, 2026

House passes nearly $180B funding package after conservative...

January 9, 2026

Recent

  • The Real Drivers of This Market: AI, Semis & Robotics

    January 9, 2026
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    January 9, 2026
  • Blackrock Silver Closes C$15 Million Private Placement Led By a C$7 Million Investment from Eric Sprott

    January 9, 2026
  • Brightstar Resources

    January 9, 2026
  • Rio Tinto, Glencore Restart Talks on US$260 Billion Mining Mega-Merger

    January 9, 2026

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.


    Categories

    • Business (10)
    • Finance (10)
    • Investing (50)
    • Politics (53)
    • Stocks (20)
    • World News (10)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 capitalcashdigest.com | All Rights Reserved