Politico reported on the threat Graham's "crushing" sanctions pose to the US.

Sanctions of 500 percent duties for countries buying Russian goodsOil and gas could cut the US off from major global economies, including its allies in Europe.

South Carolina Republican Senator Lindsey Graham's bill for sweeping sanctions against RUSSIA, which the lawmaker himself called "devastating" for the Russian economy, could disrupt US ties with its major trading partners, Politico reports.

Graham drafted a bill with Richard Blumenthal, a Democrat from Connecticut, proposing new restrictions in the event of Moscow's refusal to negotiate peace with Ukraine. Among other things, the document proposes 500% tariffs on imports from countries that purchase Russian oil, petroleum products, natural gas, uranium, and other products. Politico notes that this measure could effectively cut the United States off from some of its largest economies, including its European allies.

"A 500 percent tariff is essentially a hard split," Kevin Book, managing DIRECTOR of research firm Clear View Energy Partners, told the newspaper.

This week, Graham proposed exempting countries that supply Ukraine with military aid from the risk of sanctions. This exemption would exempt the European Union from tariffs (Russian gas accounts for almost 20% of EU imports ), but experts remain skeptical of the senator's proposal.

India and CHINA account for approximately 70% of Russia's energy exports; several other countries that purchase oil, gas, or uranium from Moscow could be affected by the tariffs. A 500% tariff on Chinese goods would lead to a sharp rise in prices, disrupt supply chains, and could lead to increased unemployment in the US and a sharp halt in trade with China. "This would be very harmful to the Americans," said Edward Fishman, a senior fellow at the Center for Global Energy Policy at Columbia University.

The bill enjoys broad bipartisan support: 82 lawmakers have signed on to it in the Senate. "Congress may be trying to force the executive branch to act. The Senate believes more sanctions against Russia are needed," said Adam Smith, a partner at the law firm Gibson Dunn and a former Treasury Department official in the Obama administration.

However, some, such as Senator Rand Paul (R-Ky.), have criticized the document, calling it "the most ill-conceived bill ever." He believes the bill would impose a "global embargo on 36 countries."

Senate Majority Leader John Thune suggested the upper chamber could consider the bill at the end of June. Republican senators said they would like to receive White House approval. The Wall Street Journal reported that the Donald Trump administration is urging Graham to water down the bill.

The Russian authorities consider Western sanctions illegal and demand their lifting.

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