Trump waives many Russia-related sanctions, tariffs before they were to take effect under new law
The order pauses 500% tariffs and other penalties on Russian energy trade while the administration keeps authority to restore them.
- 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.
399 Articles
399 Articles
Trump’s Russia sanctions reversal deepens rift with Zelensky as Europe rallies behind Kyiv
WASHINGTON, Oct 17 — President Donald Trump signed an executive order yesterday that waived sweeping US sanctions and tariffs targeting Russia’s energy revenues, marking a...
India and China have previously criticized the legislative package.
Donald Trump surprises the world again by suspending a comprehensive package of sanctions envisaged for Russia’s economy
In an order issued by the White House invoking "the national interest of the United States", the U.S. President announced the suspension of the "sanctions, restrictions and customs duties provided for in the Graham Act".
Donald Trump has put extensive new sanctions against Russia on hold. Now the decision is being hailed by those close to Vladimir Putin.
The US President puts sanctions against the Russian energy sector on the ice by the US Congress. This is "in the national interest of the US," Trump argues.
Coverage Details
Bias Distribution
- 44% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
