09-August-2026
Economy News
 
US Senate passes sweeping Russia sanctions bill; new tariff threat for India, China ahead
08-Aug-2026

The Senate overwhelmingly approved a punishing Russian sanctions package Friday, the result of a year-long campaign by the late Sen. Lindsey Graham to reinforce U.S. support for Ukraine and try to force President Vladimir Putin’s hand as the grinding war drags on. The bipartisan legislation, which passed the Senate 86-11, would penalize countries that continue to buy Russian oil, gas and other exports seeking to deprive Putin of revenues fueling the war. It comes after Ukrainian President Volodymyr Zelenskyy visited the Capitol hours after Graham’s funeral, met with senators from both parties and watched from the gallery as the Senate took the first procedural votes last week on the sweeping legislation.

News Source:- https://economictimes.indiatimes.com/news/international/world-news/us-senate-passes-sweeping-russia-sanctions-bill-india-tariffs-negotiated-by-the-late-sen-lindsey-graham/articleshow/133039509.cms