House to Vote on Russia Sanctions Bill Expanding Trump Tariff Powers — SkimNews

Get the Geopolitics newsletter
Daily geopolitics — wars, elections, sanctions, the diplomatic moves that move markets. Free.
- U.S. House of Representatives will take up the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 for a vote next week, following Senate passage by an overwhelming majority.
- Senate Foreign Relations ranking member Jeanne Shaheen endorsed the bill, stating it would hit the Kremlin's coffers hard amid ongoing civilian casualties in Ukraine.
- House Democrats, including Hakeem Jeffries, Gregory Meeks, Don Beyer, and Richard Neal, oppose the bill, arguing it grants President Trump excessive tariff authority and risks raising consumer prices.
- Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 would empower President Trump to impose harsher sanctions on Russia, extend sanctions on Iran, and penalize countries buying Russian oil and gas, including India.
- Republican House leadership initially dropped the bill from the agenda but revived it as an emergency measure ahead of a mid-term election recess.
Why it matters: The bill gives President Trump broad new tariff powers that could affect global trade partners like India, while Democrats warn it risks inflation and undermines Ukraine support—turning a foreign policy tool into a domestic political and economic flashpoint with immediate legislative urgency.
Ask SkimNews


