The US House of Representatives on Wednesday passed legislation giving Donald Trump broad powers to impose sanctions on Russia and tariffs of up to 100% on countries that buy Russian oil and gas. It will now go to Trump to be signed into law.
The US House of Representatives on Wednesday passed legislation giving Donald Trump broad powers to impose sanctions on Russia and tariffs of up to 100% on countries that buy Russian oil and gas. It will now go to Trump to be signed into law.
And by imposing tariffs on other buyers, you may be able to decrease demand for Russian fossil fuels, and thus be able buy more yourself and/or buy for cheaper. Definitely not playing nice. But if I was Moscow I would absolutely have a problem with anyone trying to discourage the usual trade partners of Russia from continuing to do trade.