U.S. sanctions law reportedly allows tariffs up to 100% on buyers of Russian oil and gas

DailyMarksmen reported on September 18 that the U.S. passed a sanctions bill allowing a 100% tariff. A separate post says the law authorizes tariffs of up to 100% on countries purchasing Russian oil and gas, while describing Beijing’s opposition to unilateral and secondary sanctions. Mike Pence praised the measures on September 19, arguing that the Lindsey O. Graham Sanctioning Russia and Iran Act gives the president leverage to bring Russia back to negotiations and secure a just and lasting peace in Ukraine.