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US Senate Advances Tougher Russia Sanctions Through Tariffs Why in the News ? The US Senate overwhelmingly approved the Lindsey O. Graham Sanctioning Russia and Iran Act, 2026, proposing tariffs of up to 100% on goods from major buyers of Russian energy. The measure also extends Iran energy sanctions until 2031. US Senate Approves Tougher …
Read MoreUS Supreme Court Limits Presidential Powers on Tariffs Why in the News ? The U.S. Supreme Court struck down tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act (IEEPA), ruling that tariff powers lie with Congress. The judgment clarifies limits on presidential trade authority and strengthens legislative oversight, reinforcing principles of …
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