Bipartisan Bill on Russia Sanctions Advances in Senate Amid Tariff Authority Concerns

Why it matters locally: The potential new tariff authorities granted to the President by this bill could impact Virginia's key industries, particularly those involved in international trade and global supply chains.

WASHINGTON D.C. -- A bipartisan bill designed to impose new sanctions on Russia has advanced in the U.S. Senate. The legislation, which senators champion, seeks to increase financial pressure on Russia. However, concerns have emerged regarding specific provisions within the bill. These provisions would grant the President new authorities concerning tariffs. Senators are evaluating how these new powers could impact the bill's overall path through Congress.