Putin could have to choose: pursue negotiations and finish the conflict or face the collapse of the Russian financial system. The US Congress is making ready to impose a 500% tariff on Russia’s allies.

EconomyPolitics Putin could have to choose: pursue negotiations and finish the conflict or face the collapse of the Russian financial system. The US Congress is making ready to impose a 500% tariff on Russia’s allies. Friday, Might 2, 2025

Republican Senator Lindsey Graham said that he has the backing of 72 colleagues within the Senate for the invoice, which proposes “devastating” new sanctions in opposition to Russia. He believes that sanctions can compel Putin to come back to the negotiating desk and halt the conflict in Ukraine. A key factor of the invoice is the implementation of 500% tariffs on imports from international locations that buy Russian hydrocarbons or uranium. The doc additionally features a prohibition on US residents buying Russian sovereign debt.

“I would like the conflict to finish by negotiations, truthfully and pretty,” Graham remarked.

He additionally famous that Putin “would make a giant mistake if he tried to play with Trump.” “When Trump thinks we’ve hit a lifeless finish, then look ahead to motion,” the senator added.

Graham can be optimistic that the invoice will obtain backing within the Home of Representatives, paving the best way for a fast vote. He pressured that Putin will finally have to decide on between negotiating with Trump to finish the conflict or permitting the Russian financial system to be “crushed.”