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Trump Signs Russia Sanctions Bill Granting New Tariff Powers

Source: Bloomberg

Sanctions & Export ControlsTax & TariffsGeopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain

President Trump signed a Russia sanctions bill authorizing tariffs on countries that buy Russian petroleum products. The measure could disrupt Russian oil trade flows, raise compliance and import costs for affected buyers, and add pressure to global energy markets and trade relationships.

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