Story thread · 3 reports / 3 sources

Trump may get a big, new tariff authority

axios.com · 5dShare

A legal cat-and-mouse game has played out over whether the president can use various obscure, untested provisions to impose tariffs. Now, Congress appears on track to give him a big, new — and explicit — tariff authority. Why it matters: A bill on Russia sanctions, named for the late Sen. Lindsey Graham , has received overwhelming bipartisan support in the Senate and would allow President Trump and future presidents to impose tariffs of up to 100% on major importers of Russian energy. If enacted in its current form, it would give the president greater flexibility to raise import taxes on major economies including India, China and the European Union, without the legal limits and ambiguity of the tools he has used thus far. Catch up quick: The Lindsey O. Graham Sanctioning Russia Act of 2026 passed a key procedural hurdle in the Senate last week by an 86-12 vote. It strengthens sanctions on Russia and Iran and targets Russia's "shadow fleet" of oil tankers used to avoid Russian sanctions

First report: US Senate approves tariffs on India over Russian oil purchases — cryptobriefing.com, 6d