Signal Trump Signs Graham Act Expanding Russia and Iran Sanctions with Tariff Powers

Summary

President Trump signed into law H.R. 5334, the Lindsey O Graham Sanctioning Russia and Iran Act. The law authorizes the president to impose tariffs of up to 100 percent on the five largest buyers of Russian oil and natural gas, and it extends existing sanctions on Iran. The House first passed the bill on April 27, and the Senate passed it 86 to 11 on August 7. The House then agreed to the Senate's amended version 262 to 159 on September 16, sending the bill to the president's desk. He signed it two days later, on September 18.