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Ban on Russian Product Imports: New Trade Sanctions

This act prohibits the import of specific products from Russia into the United States, potentially affecting the availability and prices of certain goods. The President can temporarily waive or permanently terminate this ban, but congressional approval is required. The aim is to exert pressure on Russia regarding its military actions in Ukraine.
Key points
Starting 15 days after enactment, imports of selected Russian products into the U.S. will be banned.
The President can waive the ban if deemed in national interest, but Congress can disapprove.
Full termination of the ban is possible if Russia withdraws from Ukraine, ceases hostilities, and recognizes Ukraine's right to self-determination, subject to congressional disapproval.
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Additional Information
Print number: 117_HR_8120
Sponsor: Rep. Panetta, Jimmy [D-CA-20]
Process start date: 2022-06-16