Trump signs Russia sanctions bill into law, gains power to impose 100% tariff on India

US President Donald Trump has signed into law a sweeping sanctions package targeting Russia and Iran, giving his administration expanded powers to penalise countries that continue buying Russian oil and gas, including India.The “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026” authorises sanctions on Russian officials, banks and other entities, targets Russia’s energy trade and shadow fleet, and extends existing sanctions on Iran.In a statement, the White House said, "On Friday, September 18, 2026, the President signed into law: H.R. 5334, the “Lindsay O.