Senate Reaches Deal With Trump on Russian Oil Tariffs

WHO:

CNN - Bipartisan senators Lindsey Graham (GOP, South Carolina), Richard Blumenthal (Democrat, Connecticut), Jeanne Shaheen (Democrat, New Hampshire), and Roger Wicker (GOP, Mississippi) are involved in the sanctions package.

CBS News - Ukrainian President Volodymyr Zelenskyy is involved in discussions regarding the sanctions package.

WHAT:

CNN - The sanctions package would allow Trump to place heavy tariffs on imports from nations that import Russian oil, uranium, and natural gas, with possible exceptions for countries that contribute to the Ukrainian war effort.

CBS News - The bipartisan bill aims to increase economic pressure on Russia if it refuses to negotiate peace with Ukraine, and it is not clear how soon the tariffs would go into effect after the legislation is signed into law.

CBS News - The senators stated, “As Russia intensifies its slaughter of civilians, it is imperative that the legislative and executive branches work together to create tools to exact a heavy price on those who buy Russian oil and natural gas, fueling the Putin war machine.”

CNN - An agreement has been reached between bipartisan senators and the Trump administration to move forward with an updated Russia sanctions package.

CBS News - The Trump administration will support a draft bill imposing heavy financial penalties on purchasers of Russian oil.

CBS News - The bipartisan bill aims to increase economic pressure on Russia if it refuses to negotiate peace with Ukraine.

CBS News - The bill would allow high tariffs to be imposed on countries that continue to buy Russian oil and natural gas.

WHERE:

CNN - Graham visited Ukrainian President Volodymyr Zelensky in Kyiv.

CNN - The agreement was announced in the U.S. Senate.

CBS News - Graham met with Zelenskyy in Kyiv.

WHEN:

CBS News - The senators expect to roll out the legislation "very soon."

WHY:

CBS News - Ukrainian President Volodymyr Zelenskyy has been notified of the president's approval of the tariff plan, and a Ukrainian official stated that Graham informed Zelenskyy that it was all set and has the support of the White House.

CNN - The sanctions package aims to strengthen long-range sanction pressure on Russia amid ongoing conflicts.

CBS News - The purpose of the tariffs is to create economic pressure on Moscow to end its four-year war on Ukraine.

HOW:

CBS News - Earlier this week, Trump said he would allow Ukraine to license the technology to build Patriot missile systems, which Zelenskyy has been seeking.

CNN - The sanctions package would allow Trump to place heavy tariffs on imports from nations that import Russian oil, uranium, and natural gas.

CBS News - The bill is designed to work in conjunction with the legislative and executive branches to impose penalties on those buying Russian oil and natural gas.

(UPDATED July 11, 2026 02:53 UTC)

President Trump has approved a sanctions package that would impose heavy tariffs on imports from nations that buy Russian oil, uranium, and natural gas, with potential exceptions for countries supporting Ukraine. This bipartisan bill aims to increase economic pressure on Russia if it continues to refuse negotiations for peace, although the timeline for the tariffs to take effect remains unclear. In a visit to Kyiv, Senator Lindsey Graham informed Ukrainian President Volodymyr Zelenskyy that the tariff plan has the backing of the White House, while Trump also indicated he would allow Ukraine to license technology for building Patriot missile systems.

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(UPDATED July 10, 2026 22:24 UTC)

Bipartisan senators, including Lindsey Graham, Richard Blumenthal, Jeanne Shaheen, and Roger Wicker, have reached an agreement with Trump to advance a new sanctions package aimed at increasing economic pressure on Russia. This legislation, which will impose heavy financial penalties on those purchasing Russian oil, is expected to be rolled out very soon, with Ukrainian President Volodymyr Zelenskyy involved in the discussions. The bill will allow for high tariffs on countries that continue to buy Russian oil and natural gas, further strengthening sanctions amid the ongoing conflict in Ukraine.