Graham Law enacted, Trump ramps up Russia sanctions
U.S. President Donald Trump signed comprehensive sanctions against Russia, primarily targeting the energy and defense sectors, with the aim of increasing economic pressure on Moscow due to its war in Ukraine. The law allows for tariffs of up to 100% on major buyers of Russian oil and gas, including China and India, and continues to be in effect even after Trump's term ends. The law is named in honor of the late Senator Lindsey Graham and aims to cut off Russia's funding for the war, though it may also cause commercial issues for countries that deal with Russia.
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