Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»Sanctioning Russia Act threatens Moscow, allies with 500% tariffs
Business

Sanctioning Russia Act threatens Moscow, allies with 500% tariffs

Buddy DoyleBy Buddy DoyleAugust 9, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Sanctioning Russia Act threatens Moscow, allies with 500% tariffs
Share
Facebook Twitter LinkedIn Pinterest Email

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 RUSSIAN OIL TO INDIAN PORTS

The bipartisan legislation comes as Russia’s war in Ukraine stretches into its third year and fifth month, with the Kremlin showing no signs of abandoning its ambition to dismantle Ukrainian sovereignty and resurrect the influence of the former Soviet empire.

The legislation permits 500% secondary tariffs on imports from countries that continue doing business with Russia — most notably China, Brazil and India.

Secondary tariffs are trade penalties aimed at third-party nations that maintain economic ties with a sanctioned country. In this case, they serve as an indirect means of pressuring Russia by punishing its trading partners.

TRUMP RAISES TARIFFS ON COUNTRIES WITH RUSSIAN OIL PURCHASES

The proposed measure comes as Washington seeks additional ways to further isolate Moscow’s economy. 

Trump has previously singled out countries like India and China — the top purchasers of discounted Russian crude — for undermining G7 price caps and blunting the impact of Western sanctions. 

Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping

Additionally, the Sanctioning Russia Act authorizes Trump to raise tariffs on Russian imports to the U.S. by up to 500% — though bilateral trade has sharply declined since the Kremlin’s 2022 invasion of Ukraine.

In the wake of the Kremlin’s unprovoked war in Ukraine, the U.S. and European Union unleashed a war chest of coordinated sanctions aimed at crippling the Russian economy. 

Russian President Vladimir Putin listens during a meeting at the Kremlin

In addition to the 500% tariffs authorized by the legislation, Trump has previously vowed to impose 100% secondary tariffs on any nation that maintains trade ties with Russia. It remains unclear whether he intends to pursue both measures simultaneously.

The Kremlin said Thursday that Russian President Vladimir Putin agreed to hold a meeting with Trump and potentially Ukrainian President Volodymyr Zelenskyy “in the coming days.” The meeting would mark the first between Putin and Zelenskyy since the start of Moscow’s war.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleKash Patel slams ‘corrupt’ sanctuary sheriff indicted for cannabis company extortion
Next Article Parents could face jail time under New Jersey town’s ordinance targeting children’s unruly behavior

Related Articles

Shell faces lawsuit over alleged racial bias in corporate reorganization

Shell faces lawsuit over alleged racial bias in corporate reorganization

August 29, 2025
Jeff Bezos, Lauren Sanchez take Europe – and the dance floor – by storm after wedding

Jeff Bezos, Lauren Sanchez take Europe – and the dance floor – by storm after wedding

August 29, 2025
Fed’s favored inflation gauge shows consumer price pressures remained elevated in July

Fed’s favored inflation gauge shows consumer price pressures remained elevated in July

August 29, 2025
Trump asks court to allow removal of Fed’s Lisa Cook immediately; judge sets quick schedule

Trump asks court to allow removal of Fed’s Lisa Cook immediately; judge sets quick schedule

August 29, 2025
Trump official issues second criminal referral for Federal Reserve Governor Lisa Cook

Trump official issues second criminal referral for Federal Reserve Governor Lisa Cook

August 29, 2025
Cook’s lawsuit against Trump sets up a potential Supreme Court clash

Cook’s lawsuit against Trump sets up a potential Supreme Court clash

August 29, 2025
About 780,000 pressure washers recalled after reported explosions and injuries

About 780,000 pressure washers recalled after reported explosions and injuries

August 29, 2025
Tennis is the stage, brands are the players: The US Open’s billion-dollar sponsorship game

Tennis is the stage, brands are the players: The US Open’s billion-dollar sponsorship game

August 29, 2025
EXCLUSIVE VIDEO: Cracker Barrel CEO dodges questions after logo flip-flop

EXCLUSIVE VIDEO: Cracker Barrel CEO dodges questions after logo flip-flop

August 29, 2025
Don't Miss
Lawyers for Cook, DOJ trade blows at high-stakes clash over Fed firing

Lawyers for Cook, DOJ trade blows at high-stakes clash over Fed firing

Mark Teixeira has a message for Texas Dems after redistricting: ‘Have better policies’

Mark Teixeira has a message for Texas Dems after redistricting: ‘Have better policies’

Shell faces lawsuit over alleged racial bias in corporate reorganization

Shell faces lawsuit over alleged racial bias in corporate reorganization

Is Putin stringing Trump along to sidestep US sanctions while bombing Ukraine?

Is Putin stringing Trump along to sidestep US sanctions while bombing Ukraine?

Latest News
Jeff Bezos, Lauren Sanchez take Europe – and the dance floor – by storm after wedding

Jeff Bezos, Lauren Sanchez take Europe – and the dance floor – by storm after wedding

August 29, 2025
Parents file lawsuit alleging ChatGPT helped their teenage son plan suicide

Parents file lawsuit alleging ChatGPT helped their teenage son plan suicide

August 29, 2025
ICE deported nearly 200,000 so far during Trump’s second term, setting pace for highest level in decade

ICE deported nearly 200,000 so far during Trump’s second term, setting pace for highest level in decade

August 29, 2025
Republican Sen. Joni Ernst of Iowa won’t seek re-election: Sources

Republican Sen. Joni Ernst of Iowa won’t seek re-election: Sources

August 29, 2025
Minneapolis School Shooter Chose Target For Being A Gun-Free Zone

Minneapolis School Shooter Chose Target For Being A Gun-Free Zone

August 29, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.