Trump Signs Russia Sanctions Law, Warns Diesel Export Ban Could Come ‘Fast’
The US president has signed a bill imposing new sanctions on Russia and threatening tariffs of up to 100 percent on countries that buy Russian oil, while saying he will decide quickly on restricting diesel exports.
President Donald Trump has signed into law a bill imposing new sanctions on Russia and opening the door to tariffs of up to 100 percent on the top five buyers of Russian oil, gas, and military equipment [244681][245006]. The law also gives the president power to punish countries that help Moscow, putting major Russian energy customers China and India in the tariff crosshairs [245006]. It is not yet clear how the tariffs would work or when they might take effect, and the White House has not announced a timeline [245006].
Separately, Trump said he will decide “fast” on whether to restrict diesel exports, a move backed by several Republicans as fuel prices climb [247664]. He also said Russia has “lost control” of its diesel oil industry because of the Ukraine war, making the comment as he presses Kyiv to agree to an energy truce [247605].
The sanctions law expands existing penalties on Russia and extends current sanctions on Iran [244681]. Supporters call it a strong step, while critics warn it could harm relations with key trading partners [245006]. China and India have not responded publicly to the measure, and both rely heavily on Russian energy imports [245006].