Trump admin. to support heavy tariffs on Russian oil in effort to end Ukraine war, sources say
Key Points:
- The Trump administration supports a bipartisan draft bill imposing heavy financial penalties on purchasers of Russian oil to increase economic pressure on Moscow and help end Russia's war on Ukraine.
- Senators Lindsey Graham (R-SC) and Richard Blumenthal (D-CT) confirmed White House approval of the bill, which targets countries like India and China that continue buying Russian oil and natural gas.
- The bill aims to impose high tariffs on Russian energy buyers, with timing for implementation unclear; Senate Majority Leader John Thune has indicated he will advance the bill once votes are secured.
- Ukrainian President Zelenskyy successfully secured U.S. approval for producing Patriot interceptors and purchasing Ukrainian drones, enhancing Ukraine's defense capabilities.
- The senators emphasized the urgency of coordinated legislative and executive action to penalize those fueling Russia's war machine amid ongoing civilian casualties.