U.S. President Donald Trump has enacted a new law that significantly broadens sanctions against Russia and extends existing ones on Iran. Signed on September 18, the legislation empowers the president to levy tariffs of up to 100% on nations that continue to purchase Russian energy or assist Moscow in circumventing sanctions.
The law targets Russian officials, financial networks, and other entities involved in Russia’s military activities. It also seeks to curtail Russia’s ability to generate revenue through oil and gas exports. The legislation had bipartisan support in the House of Representatives before reaching the president’s desk.
Under the new provisions, the president retains extensive authority to determine which countries will face these tariffs and whether certain sanctions can be waived. This expansion of powers could potentially impact major importers of Russian energy, such as India and China, depending on how the administration decides to enforce the law.
The White House emphasized that the legislation enhances the United States’ ability to apply economic pressure on Russia while maintaining existing sanctions on Iran. The move is part of a broader strategy to undermine Russia’s financial networks and diminish its resources for sustaining military operations.