• Privacy Policy
  • Terms & Conditions
Your Priority Deal
  • Economy
  • Stocks
  • Politics
  • Investing
No Result
View All Result
  • Economy
  • Stocks
  • Politics
  • Investing
No Result
View All Result
Your Priority Deal
No Result
View All Result

‘Game changer’: Bipartisan senators gunning for Russia sanctions ready to give Trump runway

July 15, 2025
in Politics
‘Game changer’: Bipartisan senators gunning for Russia sanctions ready to give Trump runway

A bipartisan duo bent on imposing strict sanctions against Russia are giving President Donald Trump some runway after his latest, hardened stance against Moscow.

Senators Lindsey Graham, R-S.C., and Richard Blumenthal, D-Conn., have pressed for stringent sanctions against Russia and its energy trade partners, and they have been working to refine their bill to meet requirements from the White House that give Trump more flexibility.

The bill had been sidelined by congressional Republicans’ push to pass the president’s ‘big, beautiful bill’ and had been eyed for a vote possibly by the end of the month.

But Trump’s announcement that he would levy 100% tariffs against Moscow unless Russian President Vladimir Putin agreed to end the war with Ukraine has likely again stalled that plan, and the bipartisan pair isn’t mad about it.

‘It sounds like right now the president is going to attempt to do some of this on his own,’ Senate Majority Leader John Thune, R-S.D., told reporters. ‘If at some point the president concludes that it makes sense and adds value and leverage that he needs in those negotiations to move the bill, then we’ll do it. We’ll be ready to go.’

The president’s warning came after he agreed to sell weapons to NATO, which, in turn, would be sent to Ukraine to resupply their dwindling stocks.

‘We’re pleased that the president sort of buys into that way of doing business. We’ll continue to work with the White House to see if we can provide him a tool that Congress has been working on,’ Graham said.  

Their bill would slap up to 500% tariffs on countries buying energy products from Moscow in a bid to kneecap Russia’s war machine by imposing duties on oil, gas, uranium and other exports, largely purchased by China and India, which account for nearly three-quarters of Moscow’s energy business.

But that doesn’t mean that work on the bill has ceased. Graham noted that having Congress’ blessing ‘is good for the president’ and could help him legally and politically.

‘But between the weapons flowing and sanctions through tariffs on the table, I think we can say today was a game changer that we’ve been waiting on and hoping for, and on day 51 you want to know what happens,’ Graham said. ‘Call the Ayatollah.’

Blumenthal lauded Trump’s shift and gave him credit ‘for seeing through the mocking and flouting by Vladimir Putin.’ He argued that the bill, which has dozens of co-sponsors in the Senate and backing by House Speaker Mike Johnson, R-La., had already made an impact and noted that Trump’s move was like a ‘hammer.’  

‘Our bill is a sledgehammer,’ Blumenthal said. 

This post appeared first on FOX NEWS
Previous Post

Wimbledon winners face £1m UK tax bills despite non-resident status

Next Post

How Can Pet Influencers Monetise Partnerships With Cat Food Brands?

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Latest News

    • Lloyds eyes Curve acquisition in fintech push to rival Apple Pay
    • MPs slam HMRC over lack of data on billionaire taxpayers in the UK
    • Millennials outpace Gen Z in rejecting jobs over ethics and environmental concerns
    • Reeves takes bold step to boost UK share ownership with sweeping reforms and new investor campaign
    • Inflation rises to 16-month high as rate cut hopes fade
    Disclaimer: yourprioritydeal.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Latest News

    • Lloyds eyes Curve acquisition in fintech push to rival Apple Pay
    • MPs slam HMRC over lack of data on billionaire taxpayers in the UK
    • Millennials outpace Gen Z in rejecting jobs over ethics and environmental concerns
    • Reeves takes bold step to boost UK share ownership with sweeping reforms and new investor campaign
    • Inflation rises to 16-month high as rate cut hopes fade

    Copyright © 2025 yourprioritydeal.com All Rights Reserved

    No Result
    View All Result
    • Economy
    • Stocks
    • Politics
    • Investing

    Copyright © 2025 yourprioritydeal.com All Rights Reserved