US revives mega anti-Russia sanctions bill

Hello! Welcome to your weekly guide to the Russian economy, written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. The United States has revived a massive sanctions package that has a good shot of coming into law — this week we look at its contents and what damage it could do to the Russian economy.

Innovative tariff bill back from the dead

An anti-Moscow sanctions package described as an “economic bomb” that was proposed by the late Russia hawk Lindsey Graham looks like it could be passed into law. A long-awaited compromise that gives President Trump sweeping authority over how it is enforced in practice has gained traction days after the long-time Ukraine supporter died last week.