Bill also extends Iran sanctions to 2031
Sen. Jeanne Shaheen of New Hampshire, the highest-ranking Democrat on the Senate Foreign Relations Committee, said China accounted for 51% of Moscow’s revenues from Russia’s top five fossil-fuel importers. The House voted 262-159 on Wednesday to pass the legislation, sending it to President Trump’s desk for signature.
The legislation is intended to punish Moscow for the invasion of Ukraine. It targets certain Russian individuals and entities, along with the five biggest importers of Russian oil and gas.
The bill grants Trump the authority to issue tariffs of up to 100% on countries facilitating energy sales to Russia.
The legislation also extends U.S. sanctions on Iran until 2031.
The Senate approved the bill last month. With the House vote, the bill completed congressional action and now awaits Trump’s signature.
A White House official said Trump planned to sign the bill.
The measure drew bipartisan support in the House, even as some Democrats voted against it. The Democrats who opposed it cited concerns that Trump might misuse the greater tariff authority the legislation grants.