President Donald Trump grudgingly signed the legislation into law on Wednesday, calling it “significantly flawed.” The measure also slaps penalties on Iran and North Korea. The legislation, which bars Trump from waiving the Russia sanctions without first securing approval from Congress, passed last week in the House, 419-3, and in the Senate, 98-2. Those overwhelming margins guaranteed that Congress would be able to countermand any possible attempt by Trump to reject the measure. Major features of the bill:— Orders new sanctions on companies involved in Russian financed off-shore oil projects and oil and gas pipeline construction. — On Iran, the package imposes new sanctions on people involved in Iran’s ballistic missile program and anyone who does business with them.

Source: National Post August 02, 2017 15:33 UTC