Tuesday, September 22, 2026

Russia and China now settle close to 90 percent...

Editor's note: ...of their bilateral trade in rubles and yuan, a shift accelerated by US sanctions since 2022, and central banks worldwide bought roughly 863 tonnes of gold in 2025 with about 755 tonnes projected for 2026 as countries hedge against dollar dependence. On September 20, 2026, Trump signed the Graham-Blumenthal sanctions law, dubbed sanctions "from hell" by RT, authorizing tariffs up to 100 percent on countries buying Russian energy and up to 500 percent on direct Russian imports. Taken together, the sanctions law (see Sanctions Have Become Economic Warfare), the Russia-China de-dollarization trend, and the AfD's push for renewed Russian gas ties can reasonably be read as facets of the same broader contest: Washington trying to keep sanctions pressure and dollar-based leverage intact while Moscow works to erode both through alternative currencies and cracks in Western political unity. And so we have global war continuing given to us by our mafia bosses who are setting us up for WWIII as they do another "Drang nach Osten." 
________

Trump signs off on Russia sanctions 'from hell': Who could get hit?

The new law authorizes the US president to impose secondary tariffs for key buyers of Russian energy 

September 21, 2026 | By RT

US President Donald Trump has signed into law a sweeping expansion of sanctions against Russia, giving Washington new powers to target Moscow as well as major buyers of Russian energy. The legislation authorizes tariffs of up to 100% on goods from certain countries purchasing Russian oil and gas, while imports from Russia could face duties of up to 500%.

The Lindsey O. Graham Sanctioning Russia and Iran Act also expands restrictions on Russian officials, financial institutions and other entities linked to the government. The White House has said the legislation is intended to increase economic pressure on Moscow over the Ukraine conflict while giving the president broad discretion over waivers and the eventual termination of sanctions.

RT examines the law's key provisions, who could be affected and what the measures could mean for Russia's trade partners.

What do the sanctions cover?

The legislation was approved by the Senate 86-11 in August before passing the House 262-159 on Wednesday. It originated with Republican Senator Lindsey Graham and Democratic Senator Richard Blumenthal.

Unlike earlier sanctions focused largely on designated companies and individuals, the law broadens restrictions covering Russian government-linked officials, financial institutions and enterprises. It also targets vessels Washington says are used to circumvent restrictions on Russian oil exports.

One of its most consequential provisions gives the president authority to impose tariffs of up to 100% on goods from countries among the five largest buyers of Russian crude oil or natural gas. That is considerably below the 500% secondary tariff proposed in earlier versions of the legislation.

Who could be targeted?

China and India are among the countries most exposed to the secondary tariff provisions because of their large purchases of Russian crude.

Türkiye, a NATO member, is also a major importer of Russian energy, while EU countries continue to purchase Russian oil and gas despite the bloc's efforts to phase out Russian supplies.

The picture is particularly significant for natural gas, where the EU remains a major market for Russia. China has also expanded its purchases, while Türkiye remains another important destination.

The law, however, does not make maximum tariffs automatic. It contains exemptions and gives the US president broad discretion over their application, meaning the eventual impact will depend heavily on how the administration implements it.

How are major buyers responding?


China and India have rejected US pressure over their energy trade with Russia and stressed that their economic and energy interests will guide their policies.

China’s Commerce Ministry has said Beijing reserves the right to take "all necessary measures" to protect its sovereignty, development interests and Chinese companies, while calling for dialogue with Washington.

India's Foreign Ministry has reiterated New Delhi's "firm commitment to ensuring energy security for its 1.4 billion people," saying it would continue diversifying supplies according to market conditions.

Please go to RT to continue reading.
________


More on sanctions:



More on war:



Meet our mafia bosses:


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Looking into our circumstances...