House to Consider Russia Sanctions Bill With 100% Tariff Powers

The U.S. House is scheduled to begin consideration next week of a sweeping Russia sanctions bill backed by the late Republican Senator Lindsey Graham after the Senate passed it 86-11. The measure would expand sanctions on Russian officials and entities and authorize President Donald Trump to impose tariffs of up to 100% on major buyers of Russian oil and gas, including China, India and Turkey, as well as countries helping Russia evade energy sanctions. The House Rules Committee is set to review the bill Monday, potentially clearing the way for a full vote later in the week. Its prospects are uncertain because some Democrats oppose the legislation, while other lawmakers and industries warn that the tariff authority could increase costs for U.S. consumers and importers and create political risks before the midterm elections. Ukrainian officials are urging rapid passage but acknowledge that disagreements over the bill’s provisions could lead to revisions or delay.