WorldUS Senate passes ‘sanctions bill from hell.’ Is Russia in trouble?
The U.S. Senate passed a bill on August 7 targeting Russia with sanctions and steep tariffs. It would sanction senior officials, state-owned companies and banks, impose 500 percent tariffs on Russian imports and allow 100 percent tariffs on the five largest buyers of Russian energy. Critics warn the measure could raise prices for Americans and give President Trump excessive control over trade policy.
US Senate passes ‘sanctions bill from hell.’ Is Russia in trouble?