US House to consider Graham's 'bone-crushing' sanctions against Russia next week
The House of Representatives is moving closer to adopting new sanctions against Russia. The vote will take place next week, Bloomberg reports.
Vote on "bone-crushing sanctions"
According to a person familiar with the plans, the Russia sanctions bill will be brought to a vote in the House of Representatives next week.
The US Senate already approved the bill by an overwhelming majority last month.
The legislation was authored by the late Senator Lindsey Graham of South Carolina, a staunch supporter of Ukraine.
Senator Graham's bill
The bill would authorize US President Donald Trump to impose 100% tariffs on:
- the five largest buyers of Russian crude oil and natural gas;
- the five largest countries helping Russia circumvent energy sanctions.
China, India and Türkiye are the largest buyers of Russian oil products.
According to the source, the bill will be considered under a procedure that requires a simple majority to pass.
Politicians' concerns
The House of Representatives had been concerned that the bill would:
- expand Trump's tariff powers;
- drive up oil prices.
However, House leaders ultimately decided to move forward with the legislation.
The bill has bipartisan support as well as support from the White House.
Earlier, RBC-Ukraine reported that the "bone-crushing" sanctions against Russia pushed by the late Senator Lindsey Graham have run into new problems in the US House of Representatives.
In addition, in early July, the US Senate approved the bill imposing "bone-crushing sanctions" on Russia and Iran.