U.S. Tariffs on Russian Goods Under the Graham Act
What happened
On October 16, 2026, President Trump issued an executive order implementing the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. The order increases the rate of duty on goods from the Russian Federation by 500 percent ad valorem, and by 100 percent ad valorem on goods from the largest five importers of Russian-origin crude oil and natural gas that knowingly make new purchases on or after October 18, 2026, and on goods from the top five facilitators of Russian oil sanctions evasion. The same order waives all Graham Act duties. The reports do not state an effective date for the 500 percent increase or identify the countries or entities covered by the 100 percent rate.
Generated by AI from the reports · updated 7 days ago
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- White House · Presidential ActionsTrump order implements Graham Act, raising Russia tariffs 500% but waiving all Graham Act duties
President Trump issued an executive order implementing the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, increasing the rate of duty on goods from the Russian Federation by 500 percent ad valorem and by 100 percent ad valorem on goods from the largest 5 importers of Russian-origin crude oil and natural gas that knowingly make new purchases on or after October 18, 2026, and on goods from the top 5 facilitators of Russian oil sanctions evasion.