Introduced April 1, 2025 by Lindsey O. Graham · Last progress April 1, 2025
The bill trades a broad, automatic, and legally forceful package of sanctions and trade penalties to maximize pressure on Russia and protect U.S. national security for substantial economic costs, compliance burdens, concentrated executive authority, and reduced diplomatic flexibility that could harm U.S. consumers, businesses, and international relations.
All Americans/taxpayers and U.S. national security: The bill sharply reduces U.S. capital, trade, and energy flows to the Russian government and sanctioned actors (bans on investments, sovereign debt, exports, imports, delistings and asset freezes), increasing economic pressure on Russia and strengthening U.S. leverage.
Financial institutions, brokers, and regulators: The bill creates clearer statutory definitions and recurring enforcement mechanics (definitions of covered firms/accounts/persons, 15-day then 90-day cycles, reporting requirements), improving predictability for sanctions implementation and compliance expectations.
U.S. critical infrastructure and energy sector: The bill reduces reliance on Russian-origin uranium, oil, gas, and strategic materials and restricts transactions that could support Russian energy/nuclear capacity, helping protect energy security and critical supply chains.
U.S. consumers, businesses, and taxpayers: Extremely high (500%) tariffs, export controls, and transaction bans risk raising consumer prices, disrupting supply chains, and increasing energy and input costs—raising inflationary pressure and economic burden on households and firms.
Financial institutions, investors, and pension funds: Rapid forced divestments, delistings, and recurring 15-day/90-day deadlines could cause forced sales, liquidity shocks, litigation risk, and substantial compliance and operational costs across the financial sector.
U.S. exporters and global trade: Broad secondary sanctions and targeting of third‑country firms that facilitate Russian energy or trade may provoke retaliation from other countries, harming U.S. exports and international trade relations.
Based on analysis of 38 sections of legislative text.
Creates rapid, recurring sanctions, trade bans, and 500%-equivalent tariffs to block Russian state entities, energy and uranium trade, and related third-party support after a presidential determination about hostile acts toward Ukraine.
Imposes swift, sweeping economic, trade, and financial measures against the Russian government, its military, state-owned enterprises, and affiliated persons after a presidential “covered determination” about hostile acts toward Ukraine. Actions include investment bans, prohibition on buying Russian sovereign debt, export controls on U.S.-produced energy, a ban on Russian-sourced uranium imports, blocking of state‑owned entities and financial institutions, mandatory sanctions on third parties that support Russian energy production, and very large punitive tariffs (at least 500% ad valorem) on imports from Russia and on countries that trade in Russian-origin energy products. Most measures must be put into effect within 15 days of the covered determination and are reviewed every 90 days.