US House passes Russia sanctions bill targeting countries buying Russian oil
The US House passed a bill granting President Trump new authority to impose tariffs on countries buying Russian petroleum products. The bill, which passed 262-159, now goes to Trump for signature after clearing the Senate last month. China, India and Turkey are among the top five purchasers that could face tariffs.
Why it matters: This vote highlights the theme of sanctions as a tool of economic statecraft, with Congress delegating broad tariff authority to the president.