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President Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 on September 18, granting broad tariff and financial authorities intended to pressure Moscow and Tehran and to push for an end to the Russia-Ukraine war. The law allows the president to impose steep tariffs, block transactions tied to Russia’s ‘shadow fleet,’ and restrict U.S. capital-market processing of funds linked to the Russian government, while giving the administration latitude to expand measures against other states.
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