Trump signs law expanding Russia sanctions and extending Iran sanctions to 2031
President Donald Trump has signed legislation authorising expanded statutory sanctions and tariffs on Russia while extending Iran sanctions through 2031. The law permits duties of up to 100% on imports from countries knowingly purchasing Russian energy products. Iranian officials denounced the measures as economic terrorism.
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President Donald Trump signed sweeping new legislation on Friday targeting Russia and Iran with expanded economic penalties, the White House announced. The law, designated H.R. 5334 and named after the late senator Lindsey Graham, authorises and expands statutory sanctions, tariffs and prohibitions on Russia whilst extending the existing Iran Sanctions Act, previously set to expire in 2026, through 2031.
The legislation requires the president, within 30 days of enactment, to impose duties of up to 100 percent on goods imported from countries that knowingly purchase new Russian-origin crude oil or natural gas and that rank among the top five importers of Russian energy or facilitators of sanctions evasion over the preceding twelve months. The president retains authority to waive these measures after certifying to Congress that a waiver serves the national interest.
Iranian officials described the extended sanctions as economic terrorism, noting that the legislation's namesake had been a prominent supporter of the US-Israeli military campaign against Iran and of Israel's operations in Gaza. The signing formalises a further tightening of Washington's economic pressure on both countries as the war between Iran and the US-Israeli coalition continues and the Russo-Ukrainian war enters its fifth year.
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