2026-21599Presidential DocumentWallet

A 500% Russia Tariff Lands Under Graham's New Sanctions Act

Published Date: 10/21/2026

Presidential Document

Summary

The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 ramps up tariffs on goods from Russia by 500% and slaps a 100% tariff on top oil and gas buyers starting October 18, 2026. The President can waive some sanctions if it helps U.S. interests, and he’s already sent Congress a waiver notice. This means businesses dealing with Russian imports will feel the pinch, while some exceptions keep things flexible.

Analyzed Economic Effects

5 provisions identified: 1 benefits, 4 costs, 0 mixed.

500% Tariff on Russian Imports

If you import goods that originated in the Russian Federation, the rate of duty on those goods is increased by 500 percent ad valorem, subject to the exceptions in section 114 of the Graham Act and any waivers. The order implementing this change is dated October 16, 2026.

100% Tariff Tied to New Russian Energy Purchases

The rate of duty on goods from the largest five importers of crude oil and natural gas of Russian origin will be increased by 100 percent ad valorem if that country knowingly makes new purchases of Russian-origin crude oil or natural gas on or after October 18, 2026. This increase is subject to section 114 exceptions and any waivers the President issues.

100% Tariff on Top Facilitators of Oil Sanctions Evasion

The rate of duty on goods from the top five countries that facilitate Russian oil sanctions evasion, as identified under section 113(i) of the Graham Act, shall be increased by 100 percent ad valorem, subject to section 114 exceptions and any waivers issued by the President.

Tariffs Stack With Other Duties and Fees

The duty increases in this order apply in addition to any other duty, fee, tax, exaction, or charge applicable to the good, including duties imposed under title VII of the Tariff Act of 1930, sections 122, 201, or 301 of the Trade Act of 1974, or section 232 of the Trade Expansion Act of 1962. That means the ad valorem increases are cumulative with existing trade measures.

Presidential Waivers Supersede Some Duties and Sanctions

The President has waived the application of specified duties, sanctions, and restrictions provided in many sections of the Graham Act and has submitted certifications and reports to Congress that the waivers are in the national interest. Those waivers remain in effect until the President or the Secretary of State, in consultation as appropriate, determine further action is appropriate.

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Key Dates

Effective Date
Published Date
10/16/2026
10/21/2026

Department and Agencies

Department
Independent Agency
Agency
Executive Office of the President
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