Fortune·4 min read·hard
Trump is about to get 'unchecked authority' to impose tariffs of up to 100% on top trading partners
J
Jason Ma
✦AI Summary
The U.S. Senate has passed the Lindsey O. Graham Sanctioning Russia Act of 2026, which grants the president broad authority to impose tariffs of up to 100% on top importers of Russian energy. While intended to pressure Russia, the bill has sparked debate over the expansion of executive power regarding trade policy.
Courts have blocked President Donald Trump’s earlier attempts to use existing laws for his trade war, but Congress is advancing a new law that would provide broad discretion to impose steep tariffs.
politicseconomyworld
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