Trump approves bill that could result in new tariffs on Brazil

by Syndicated News

Republican Senator Lindsey Graham announced that President Donald Trump has given the “green light” for the approval of a bill that provides for new sanctions on Russia and its trading partners, such as Brazil.

The measure paves the way for the imposition of secondary tariffs that could reach 500% on these countries. The objective is to financially pressure dictator Vladimir Putin to end the invasion of Ukraine.

The key point of the proposal is precisely the requirement that the US impose a 500% tariff on all goods imported from any country that continues to buy oil, petroleum products or uranium from Russia.

The senator made the announcement on social media this Wednesday (7). In the publication, Graham described the news as a crucial change in the US approach to the conflict between Russia and Ukraine.

“After a very productive meeting with President Trump on a variety of issues, he greenlit the bipartisan Russia sanctions bill that I have been working on for months with Sen. [Richard] Blumenthal and many others,” the congressman wrote.

The bill aims to grant Trump sweeping authority to economically isolate Russia and penalize its commercial allies, such as India, China and Brazil, who continue to negotiate the purchase of oil with Moscow and, consequently, finance the war in Eastern Europe.

“This bill would give President Trump a huge advantage over countries like China, India and Brazil by encouraging them to stop buying the cheap Russian oil that finances Putin’s massacre of Ukraine,” he declared.

Source link

You may also like

Leave a Comment

Este site usa cookies para melhorar a sua experiência. Presumimos que você concorda com isso, mas você pode optar por não participar se desejar Aceitar Leia Mais

Privacy & Cookies Policy

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.