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Trump waives many Russia-related sanctions, tariffs before they were to take effect under new law
The order keeps U.S. monitoring in place and preserves the option to restore penalties if Russian oil buyers or sanctions evaders change course.
On Friday, President Donald Trump issued an executive order waiving various sanctions and duties on Russia established by the Graham Act, days before these measures were set to take effect.
Trump signed the Graham Act on September 18, 2026, aiming to impose tariffs of up to 100% on goods from major importers of Russian crude oil or gas and targeting countries facilitating sanctions evasion.
The executive order waives specified provisions under Sections 102 through 117 of the law, while Trump directed the Trade Representative to monitor ongoing purchases of Russian energy and report circumstances indicating further action may be needed.
Administration officials stated the waivers serve the national interest of the United States, though the decision faces criticism from lawmakers concerned that easing restrictions could provide revenue to Moscow while the war in Ukraine continues.
The administration retains authority to reinstate measures if needed, while future tariff provisions target countries that knowingly make new purchases of Russian crude oil or gas on or after October 18, 2026.