President Trump has indicated support for a bill imposing harsh sanctions on nations trading with Russia. The proposed legislation would impose tariffs as high as 500%, targeting major economies like China and India. This move prompted a dip in Bitcoin prices below $90,000 as market sentiment shifted to potential global trade tensions. President Trump has stated he will only sign the bill if he retains control over its enforcement mechanism. He emphasizes this stance while highlighting Russia’s failure to take substantial steps toward peace talks with Ukraine, making him receptive to enacting these sanctions. Trump’s proposal would empower the President to impose significant tariffs on trade partners of Russia, potentially escalating into a major global economic dispute. A deeper analysis reveals that the bill would grant the President the power to implement these severe sanctions, suggesting a potential escalation in international tensions.