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Sanctions Bill Would Give Trump Sweeping New Tariff Powers

NYT > Business·July 29, 2026
Sanctions Bill Would Give Trump Sweeping New Tariff Powers

The US Senate is considering a bipartisan bill that would grant President Trump significant new powers to impose tariffs. If passed, the bill would enable the president to target the largest importers of Russian energy with tariffs. This move is seen as a way to counter Russia's influence and potentially weaken its economy. The proposed legislation is part of a broader effort to impose sanctions on Russia.

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