The US will impose a 500% tariff on Russia's partners.
US Senator Lindsey Graham said the country would impose a 500% tariff on countries that buy goods from Russia and do not help Ukraine.
According to TASS, US Senator Lindsey Graham (a Republican from South Carolina) said the US would impose a 500% tariff on countries that are trading partners of Russia and that do not support Ukraine.
"If you buy goods from Russia and don't help Ukraine, a 500% tariff will be applied to your shipments to the U.S. India and China buy 70% of Russia's oil. This bill would allow U.S. President Donald Trump to impose tariffs on China, India, and other countries," Senator Graham said in an interview with ABC News on June 29.
According to Graham, President Trump also believes that Congress needs to pass a bill on new restrictions on Russia.
"Yesterday, when we were playing golf with the president, he told me for the first time that it was time to move forward with this bill," the senator told ABC News. Graham hopes the Senate will consider the bill on sanctions against Russia next July.
The bill in question was introduced in early April by a bipartisan group of Senate members. The main authors of the document are Senators Graham and Richard Blumenthal (a Democrat from Connecticut). The initiative includes secondary sanctions against Russia's trading partners. The senators' proposal designates import tariffs of 500% on goods imported into the U.S. from countries that purchase oil, gas, uranium, and other goods from Russia.
