Archive · 19 Sep 2026

Trump Signs Russia-Iran Law, Opens Path to 100% Tariffs

Trump Signs Russia-Iran Law, Opens Path to 100% Tariffs

President Donald Trump signed a new law aimed at putting more economic pressure on Russia and Iran.

The law allows tariffs as high as 100% on goods from some countries that buy Russian oil or gas.

India and China are among the major buyers that could potentially face these tariffs.

However, the law does not automatically impose a 100% tariff on either country.

The president can decide which countries are targeted, how high the tariffs are, and whether some rules are waived.

The law also targets Russian officials, banks, defense networks and ships used to move energy.

It extends existing sanctions on Iran’s energy and weapons sectors for five years.

Supporters say the measure could reduce money supporting Russia’s war in Ukraine.

Critics worry that it gives the president too much power over tariffs and could create economic and diplomatic problems.

Sources