Russia Warns New US Law's 500% Tariffs Could Undercut Trump Ukraine Push
Updated
Updated · The New York Times · Sep 19
Russia Warns New US Law's 500% Tariffs Could Undercut Trump Ukraine Push
3 articles · Updated · The New York Times · Sep 19
Summary
Moscow said the new U.S. sanctions law could derail efforts to reach a peace settlement in Ukraine, calling additional penalties an unfriendly step after Trump signed the bill Friday.
The law lets Trump waive any measure on national-security grounds if the White House notifies Congress, giving him room to soften or sidestep provisions Russia hopes he will avoid using.
Its toughest tools include tariffs of up to 100% on countries buying Russian oil and gas, tariffs of up to 500% on Russian imports to the United States, and tighter action against Russia's shadow tanker fleet and banks.
The Kremlin and Russia's embassy in Washington cast the measure as counterproductive to Trump's diplomacy, underscoring Moscow's bid to keep channels with his administration open despite congressional pressure.