On January 8, news broke from the United States that President Donald Trump has approved a bill that would impose sanctions on Russian oil. If passed, the bill will impose tariffs as high as 500% on countries purchasing Russian oil.
This news came from U.S. Republican Senator Lindsey Graham, who revealed that he had a productive meeting with President Trump that day. Trump approved the new sanctions bill, which aims to target countries buying Russian oil that funds Putin’s war in Ukraine. The bill is expected to be voted on as early as next week.
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