A new sanctions bill targeting Russia has been signed into law, expanding economic penalties amid the Kremlin’s escalating conflict with Ukraine. The legislation, named after a late senator, directs the president to impose steep tariffs—up to the full value—on key Russian imports, including metals, energy products, and luxury goods. Supporters argue the measures will pressure Moscow while shielding allied industries from retaliation. Critics, however, warn of potential unintended consequences for global supply chains and U.S. businesses already facing inflationary pressures.
President Trump officially signed the Russia sanctions bill into law Friday, which authorizes further sanctions and tariffs against Russia amid the Kremlin’s ongoing conflict with Ukraine. The bill — championed and named after late Sen. Lindsey Graham (R-S.C.) — calls for the president to impose tariffs of up to 100 percent on the top five...