"Law on sanctions against Russia postponed in U.S. legislature – Semafor most likely legislators will not undertake Senator Lindsey Graham's bill against Russian trading partners this month, provided a news service"

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US Senators Lindsey Graham (right) and Richard Blumenthal, Washington, DC, November 14, 2024. © Tom Williams / CQ-Roll Call by Getty Images

A two-party draft U.S. legislature bill aimed at imposing advanced tariffs on countries purchasing Russian energy is improbable to be debated this month, reported Semafor on Tuesday, citing older legislators.
The bill, co-sponsored by Senators Lindsey Graham and Richard Blumenthal, proposes a 500% tariff on imports from the US from countries that proceed to buy Russian oil and gas unless they actively support Ukraine.The legislators pressed for its adoption before the G7 summit in Canada, repeating the pressures inactive on Sunday.

The summit ended on Tuesday and president Donald Trump left him earlier and resigned from gathering with Ukrainian Vladimir Zelenski.Act ‘it will gotta wait a little," told Graham Semafor, citing an escalation of force in the mediate East since the Israeli attacks on Iranian atomic facilities last Friday.

“This does not mean that I have forgotten Russia or Ukraine.
Not at all.”Semafor besides referred to the speech of majority leader in the John Thune legislature on Tuesday, which suggested that it is likely ‘July term’ for the bill.

In addition to concerns about the mediate East crisis, the legislature is presently focusing on Trump's proposals on national spending and taxation cuts.Trump, who said he could introduce fresh sanctions against Russia, has so far resisted force to act quickly.

He repeated his cautious approach in remarks at the G7 summit in Alberta."When I impose sanctions on the country, it costs the US quite a few money – a immense amount of money"He said.

"This is not just, let's sign the document.

We're talking billions and billions of dollars.

Sanctions aren't that simple.

This is not a one-way street."At the beginning of this month, Wall Street diary claimed that the White home had lobbied senators to revise the bill, with the aim of changing the key provisions to grant the president freedom of sanctions alternatively of imposing automatic penalties.

Trump's administration is reportedly afraid that these regulations may undermine its efforts to improve US-Russia relations.Russian officials underestimated the threat of additional sanctions, claiming that no amount of external force or military assistance to Kiev would change Russia's goals in the conflict in Ukraine.



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source:https://www.rt.com/news/619626-russia-sanctions-bill-semafor/

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