Senate Nears Bill Granting Trump Broad Tariff Powers on Russian Imports

3 min readSources: Axios

The Senate advances a bill giving President Trump broad tariff authority against Russian energy importers.

Why it matters: This bill could reshape trade enforcement by explicitly expanding presidential tariff powers, affecting legal advice for multinational firms and trade compliance programs.

  • The Lindsey O. Graham Sanctioning Russia Act passed a Senate procedural vote 86-12.
  • The bill authorizes up to 100% tariffs on major importers of Russian oil and gas.
  • It has over 60 bipartisan co-sponsors, showing strong legislative support.
  • The National Foreign Trade Council warns this is an unprecedented expansion of trade and national security powers.

The Lindsey O. Graham Sanctioning Russia Act of 2026 recently passed a key Senate procedural vote by 86-12, signaling robust approval for its goal to grant the president explicit authority to impose tariffs on major importers of Russian energy products. The bill allows the president to levy tariffs of up to 100% on those countries continuing to buy Russian oil and gas.

With over 60 co-sponsors, the legislation enjoys strong bipartisan support, reflecting a shared intent to increase economic pressure on Russia in light of the ongoing conflict in Ukraine. President Trump has indicated he is open to signing the bill, viewing it as a tribute to the late Senator Lindsey Graham.

However, some stakeholders raise concerns about the bill's implications. The National Foreign Trade Council warned that this represents an unprecedented expansion of presidential tariff authority, merging trade and national security powers and potentially enabling broad tariff impositions even on allied countries. Jake Colvin, NFTC President, emphasized that while enhancing sanctions enforcement against Russia is necessary, the conflation of tariffs with sanctions enforcement marks a significant shift.

Jonathan Finer, former Principal Deputy National Security Adviser, concurred that while the goal of pressuring Russia is clear, "the details matter." The bill addresses ongoing legal disputes about presidential tariff authority by defining clear statutory powers, which could significantly impact legal counsel advising multinational corporations engaged in trade compliance.

Though the bill provides a framework for secondary tariffs, specifics of implementation and economic impacts remain unclear in current discussions, leaving legal and business stakeholders to monitor upcoming regulatory clarifications carefully.

By the numbers:

  • 86-12 — Senate vote margin approving key procedural step for the bill
  • 100% — Maximum tariff rate allowed on major importers of Russian energy
  • 60+ — Number of bipartisan co-sponsors backing the legislation

Yes, but: While the bill strengthens sanctions enforcement, critics warn it grants the president unprecedented tariff powers that could strain trade relations with allies.

What's next: Congress will proceed to a full Senate vote, with potential House consideration next, before reaching the president's desk for signing.