New Russia sanctions bill grants Trump tariff powers
The newly signed Russia sanctions bill grants President Trump sweeping authority to impose steep tariffs on Russian energy buyers. Critics warn the broad language introduces significant economic uncertainty.
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United States President Donald Trump signed legislation on Friday granting the executive branch new powers to impose tariffs of up to 100% on Russia and its trading partners. The package marks the first time in nearly forty years that Congress has transferred such authority to the White House. The duties could last well beyond Trump's current term, injecting fresh uncertainty into global trade.
