Skip to content
TodayPrism
Updated 4h agoBusiness & Markets

Trump Signs Bill Authorizing 100% Tariffs on Russian Oil Importers

Headline by Prism · from 1 report

US President Donald Trump has signed a law allowing 100% tariffs on goods from countries that purchase oil from Russia.

1 outlet · 1 report · KannadaOne source so far

The record

Written from the 1 report below. Nothing here is unsourced.

  • President Donald Trump signed the Lindsay O.
  • Graham Sanctoning Russia and Iran Act of 2026 into law on September 18.
  • The legislation authorizes the US to impose up to 100% tariffs on countries that continue to buy oil and natural gas from Russia, aiming to reduce funding for Russia's war effort in Ukraine.
  • The law also targets foreign banks and companies that support the Russian military, with provisions taking effect 30 days after signing.

What to watch next

  • Impact on oil-importing countries like India and China
  • Response from global markets and affected nations
  • Implementation of the tariffs after the 30-day grace period

Coverage1

1 report
Indian-language1

All filed from India

Named United States · Russia · India · China · Hungary · Azerbaijan · Slovakia · Ukraine · Iran · IN-KA · Donald Trump · Lindsay Graham · White House

Ask this story

Answers cite the reports above, or say they can't.

← Today’s record

Trump Signs Bill Authorizing 100% Tariffs on Russian Oil Importers | Prism