By Martin Armstrong
Armstrong Economics
September 23, 2026
Trump has now signed the sweeping Russia sanctions legislation championed by the late Senator Lindsey Graham. The bill passed the Senate 86-11 and the House 262-159, targeting Russian officials, banks, and the so-called shadow fleet transporting Russian energy. But the most dangerous provision is not actually directed at Russia. Washington has given the president authority to impose tariffs of up to 100% on the largest countries purchasing Russian oil and natural gas.