The U.S. House of Representatives is expected to pass a comprehensive sanctions bill against Russia on Wednesday, allowing the President to impose tariffs of up to 100% on countries such as China and India that purchase Russian oil and gas.
The bill, introduced by the late Senator Lindsey Graham, aims to punish Russia for its ongoing invasion of Ukraine. The bill would also sanction Russian leaders, officials, and financial institutions, and expand sanctions on Iran. The Senate passed the bill last month by a vote of 86 to 11. However, some House Democrats have expressed concerns that the bill grants the president excessive tariff authority, which could drive up US prices and undermine long-term support for Ukraine.
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Source:CNBC头条 · Source Link
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