Global Trade Alert
Global Trade Alert

United States of America: Senate bill proposes tariffs and sanctions targeting Russia and third countries

Announcement

16 Jul 2026

In July 2026, the United States of America announced a proposed Senate bill to introduce import duties of up to 500% on Russian goods, up to 100% on goods from countries purchasing Russian energy, alongside export prohibitions and financial sanctions.

Source

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Number of interventions

4

0 certainly harmful

4 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 16 Jul 2026
Controls on commercial transactions and investment instruments

Recent update from 29 Jul 2026:

On 16 July 2026, US senators introduced a bill proposing to block the property of Russian officials, financial institutions, and state-owned entities in the United States. Under Sections 102 to 111...

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Announced: 16 Jul 2026
Export ban

Recent update from 29 Jul 2026:

On 16 July 2026, US senators introduced a bill proposing to prohibit exports of energy products and certain services to Russia. Under Sections 107 and 108 of S. 5025, the prohibitions would take ef...

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Announced: 16 Jul 2026
Import tariff

Recent update from 29 Jul 2026:

On 16 July 2026, US senators introduced a bill proposing increased import duties on all goods from countries purchasing Russian crude oil or natural gas. Under Section 113 of S. 5025, the President...

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Announced: 16 Jul 2026
Import tariff

Recent update from 29 Jul 2026:

On 16 July 2026, US senators introduced a bill proposing increased import duties on all goods from Russia. Under Section 112 of S. 5025, the President would raise the rate of duty to up to 500% ad ...

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