House set to pass Russia sanctions bill named for Lindsey Graham

2 min read
House set to pass Russia sanctions bill named for Lindsey Graham
PrimeXBT Editorial Team
Reviewed by PrimeXBT

The U.S. House is set to pass a Russia sanctions bill on Wednesday, sending it to President Donald Trump's desk. The measure, named for the late Sen. Lindsey Graham, would let Trump impose tariffs of up to 100% on top buyers of Russian oil, including China and India, while a group of House Democrats warns it could raise prices for Americans.

House vote sends bill to Trump

The U.S. House is expected to pass a Russia sanctions bill on Wednesday afternoon, more than a year after it was introduced by the late Sen. Lindsey Graham, R-S.C. Passage would send the measure straight to President Donald Trump's desk.

The bill carries Graham's name: the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. It targets Russia's economy over its continued full-scale invasion of Ukraine, and it also expands sanctions on Iran.

Tariffs aimed at Russia's oil buyers

The legislation would let Trump impose tariffs of up to 100% on countries including China and India that rank among the top five buyers of Russian crude oil or gas. Oil sales are critical to funding Russia's war effort, so the bill also places sanctions on Russian leaders, officials, and financial institutions.

The Senate backed the measure decisively last month, passing it 86-11 with broad bipartisan support. Presuming the House clears it too, Trump intends to sign the bill into law, a White House official confirmed.

Democrats push back on tariff power

Not everyone backs the bill as written. Reps. Gregory Meeks, D-N.Y., Don Beyer, D-Va., and Richard Neal, D-Mass., said in a joint statement that while House Democrats support Ukraine, the measure would "do more harm than good."

The lawmakers argued it hands Trump too much tariff authority without requiring sanctions on Russia itself, a combination they said would raise prices for Americans while weakening long-term support for Ukraine.

Source: CNBC

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