On Thursday, Trump appeared to back the Bill without detailing whether he would use it to slap sanctions on Moscow.
“They’re going to pass a very major and very biting sanctions Bill, but it’s up to the president as to whether or not he wants to exercise it,” Trump told broadcaster NBC.
Asked during a Cabinet meeting about his interest in the Bill, Trump said: “I’m looking at it very strongly.”
“This congressional package that we’re looking at would give President Trump the ability to impose 500 per cent tariffs on any country that helps Russia,” said Graham, adding that those could include economies that purchase Russian goods like China, India or Brazil.
“This is truly a sledgehammer available to President Trump to end this war,” said Graham.
“Without a doubt, this is exactly the kind of leverage that can bring peace closer and make sure diplomacy is not empty,” the Ukrainian leader said about the proposed bill in an X post.
Graham and Democratic Senator Richard Blumenthal were to meet NATO secretary-general Mark Rutte on Monday night.
Blumenthal told CBS News they would also discuss the legally thorny issue of unlocking frozen Russian assets in Europe and the United States for access by Ukraine.
“The US$5 billion that the United States has also could be accessed, and I think it’s time to do it,” said Blumenthal.