US Senator Graham Proposes 500% Tariffs on Russia, 100% on China/India to End Ukraine War

Senator Lindsey Graham is advancing legislation to impose tariffs of up to 500% on Russian goods and up to 100% on Chinese and Indian goods, framed as a legacy push to accelerate the end of the Ukraine war. The proposal signals a potential escalation in US economic statecraft, though its legislative prospects and immediate market impact remain uncertain. This marks a notable hardening of rhetoric from a senior Republican, aligning with broader hawkish sentiment on Russia and China.