Overview
- Senate Majority Leader John Thune has promised a scheduling announcement this week as senators prepare for floor action on the sanctions bill.
- The measure imposes a 500 percent tariff on imports from any country purchasing Russian uranium, gas or oil to penalize backers of Moscow’s war machine.
- The legislation has garnered more than 80 bipartisan cosponsors and is co-authored by Sens. Lindsey Graham and Richard Blumenthal.
- It establishes an initial 180-day presidential waiver and a second 180-day waiver that requires congressional approval before extension.
- President Trump has publicly endorsed the revised bill, and the Pentagon has resumed defensive weapons shipments to Ukraine.