Comment / Graham's sanctions bill set to detonate global sourcing? Model it!

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In a nutshell: the Lindsey O. Graham Sanctioning Russia Act of 2026 authorizes tariffs of up to 100% on the top five purchasers of Russian energy. China and India are the principal targets. If enacted, the supply chain consequences would dwarf anything since Covid.

The legislation moving through Congress this week is not really a sanctions bill. Rep. Gregory Meeks, the ranking Democrat on the House Foreign Affairs Committee, put it more bluntly: the bill amounts to a “Trojan ...

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    China IEEPA Tariffs Premium Legal Insight Russia Sanctioning Russia Act