
US President Donald Trump is ready to sign a bill aimed at eliminating Russia’s trade under certain conditions, Politico reported on Wednesday, citing a senior administration official.
If adopted, the “bone-crushing” legislation spearheaded by hawkish Senator Lindsey Graham would impose a 500% tariff on countries buying oil, gas, uranium, and other goods from Russia. Although the bill grants the president the power to exempt nations from the tariff for up to 180 days, Trump reportedly wants Congress to give him sole authority to decide on the sanctions.
“The administration is not going to be micromanaged by the Congress on the president’s foreign policy. The bill needs a waiver authority that is complete,” an official told Politico. The source added that otherwise, “conceptually there’s an openness” to signing the legislation.
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