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New Economic Pressure Campaign Targets Key Russian Industries · GNN Daily Breaking News

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  Speaker 1: A major shift in U.S. policy toward Russia has taken
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  Speaker 1: effect after President Donald Trump signed a sweeping sanctions bill
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  Speaker 1: into law, marking one of the most significant legislative actions
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  Speaker 1: related to the war in Ukraine in recent years. The measure,
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  Speaker 1: approved by both chambers of Congress with bipartisan support, is
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  Speaker 1: designed to increase economic pressure on Moscow by targeting key
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  Speaker 1: sectors of the Russian economy and restricting revenue streams that
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  Speaker 1: lawmakers say help finance Russia's military operations in Ukraine. The
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  Speaker 1: new law focuses on Russia's energy and defense industries, while
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  Speaker 1: also targeting the so-called shadow fleet of tankers that has
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  Speaker 1: been used to move Russian oil despite existing restrictions. Policymakers
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  Speaker 1: backing the legislation argue that these measures are intended to
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  Speaker 1: reduce the financial resources available to support the ongoing conflict.
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  Speaker 1: The legislation is now officially known as the Linzio, Graham-sanctioning
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  Speaker 1: Russia and Iran Act of 2026, honoring the late senator
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  Speaker 1: who was one of its most prominent advocates before his
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  Speaker 1: death earlier this year. Beyond traditional sanctions, the law introduces
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  Speaker 1: powerful new trade authorities. It enables the U.S. president to
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  Speaker 1: impose tariffs of up to 100% on the largest importers
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  Speaker 1: of Russian oil and natural gas and on countries identified
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  Speaker 1: as facilitating sanctions evasion. Analysts note that this provision extends
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  Speaker 1: the reach of the legislation beyond Russia itself, potentially affecting
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  Speaker 1: international trade relationships and adding a new dimension to economic
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  Speaker 1: pressure campaigns connected to geopolitical disputes. Supporters of the measure
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  Speaker 1: view it as an effort to limit the flow of
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  Speaker 1: money into Russia's economy and encourage a diplomatic resolution to
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  Speaker 1: the conflict. The legislation was approved after months of debate
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  Speaker 1: and ultimately passed the Senate with a large majority before
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  Speaker 1: clearing the House of Representatives and reaching the president's desk.
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  Speaker 1: Its enactment signals continued willingness among many lawmakers to use
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  Speaker 1: economic tools as a central component of foreign policy. At
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  Speaker 1: the same time, the bill has generated debate over the
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  Speaker 1: scope of the tariff powers it grants. Critics argue that
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  Speaker 1: the language provides future presidents with broad authority that could
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  Speaker 1: potentially affect countries beyond the immediate target of the legislation.
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  Speaker 1: Some observers say the measure may introduce additional uncertainty into
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  Speaker 1: global trade because it allows significant tariffs to be imposed
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  Speaker 1: under conditions defined by the law. Supporters counter that such
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  Speaker 1: flexibility strengthens the ability of the United States respond to
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  Speaker 1: sanctions evasion and international security challenges. The law also extends
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  Speaker 1: sanctions related to Iran, expanding its impact beyond the Russia-Ukraine conflict.
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  Speaker 1: Taken together, The provisions reflect an approach that combines sanctions, tariffs,
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  Speaker 1: and financial restrictions in an effort to influence international behavior
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  Speaker 1: through economic means rather than direct military involvement. As governments, businesses,
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  Speaker 1: and global markets assess the practical effects of the legislation,
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  Speaker 1: attention will now turn to how aggressively the new authorities
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  Speaker 1: are implemented and how other countries respond. What is certain
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  Speaker 1: is that the measure represents a significant escalation in economic
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  Speaker 1: pressure directed at Russia and a notable development in the
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  Speaker 1: broader international response to the war in Ukraine.