Two Minutes in Trade – Russia Sanctions Bill May Open a New Chapter in Trump Trade Policy

Poised for imminent passage, the Russia and Iran Act of 2026 would create a new secondary tariff tool aimed at countries buying Russian energy or helping Russia evade sanctions. The bill could mark a new chapter in Trump trade policy by turning sanctions enforcement into a mandatory, country-wide tariff mechanism with significant implications for importers and global supply chains.

By: Edward Steiner