Trump backs sanctions bill against Russia

Trump gives green light to sanctions bill against Russia

President of the United States Donald Trump supported the promotion of the sanctions bill against Russia, which provides for tough trade restrictions for countries that buy Russian energy resources. This was announced by Senator Lindsay Graham.

According to Graham, Congress plans to introduce the bill for consideration next week. The initiative received political support from the White House after internal consultations within the Republican Party.

Details of the case

The draft law provides for the introduction of duties on 500% on imports from countries that continue to buy Russian uranium, gas and oil. These include China, India and Brazil.

The document aims to increase economic pressure on Russia by restricting its access to foreign exchange earnings from energy exports, as well as to encourage the US partners to reduce cooperation with Moscow.

The senator stressed that Trump's support paves the way for a quick passage of the legislative procedure in Congress.

Context.

The US sanctions policy remains one of the key instruments of deterring Russia against the backdrop of the war against Ukraine and the aggravation of international security. Washington has been consistently expanding restrictions against the financial sector, energy and logistics of Russia, involving allies in the EU and NATO countries.

Increased tariff pressure on countries that buy Russian energy resources could have a significant impact on global markets, international trade and the geopolitical balance in Europe and Asia.