PoliticsInternational
House Passes Russia-Iran Sanctions Bill With 100% Tariffs
The US House passed the Lindsey O. Graham Sanctioning Russia and Iran Act 262-159, handing Trump power to levy 100% tariffs on top Russian energy buyers.
—5 min read
Tag
5 articles
The US House passed the Lindsey O. Graham Sanctioning Russia and Iran Act 262-159, handing Trump power to levy 100% tariffs on top Russian energy buyers.
Trump's tariffs were meant to reduce reliance on China, but some companies are returning as economic logic still favors the world's factory floor.
Trump's Section 301 tariffs on 60 nations spark debate over forced labor crackdown versus executive power grab.
Surging oil prices from the Iran war and Trump's new tariffs are creating stagflation risks as households and businesses face rising costs worldwide.
European Parliament approved the Turnberry trade deal with the US as Trump threatens new tariffs, creating a paradox of cooperation and conflict.