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Trump's decision to waive Russian sanctions outrages Congress, but no quick counter seen
- On Friday, Oct. 16, President Donald Trump suspended the Graham Act sanctions just 48 hours before the Sunday, Oct. 18 deadline, citing national security interests to facilitate a diesel supply deal with Vladimir Putin.
- Provisions within the Graham Act mandated 500 percent tariffs on all Russian-origin imports alongside 100 percent duties targeting major oil buyers, including China and India.
- Republican Senator Thom Tillis characterized the executive waiver as "more than irresponsible", noting the Senate previously enacted the statute by an 86-11 margin, while Senator Elizabeth Warren and Senate Democratic Leader Chuck Schumer condemned the decision.
- President Volodymyr Zelensky warned the suspension encourages Russian aggression, yet formal legislative countermeasures face procedural delays because the House and Senate remain in recess until after the Nov. 3 elections.
- When Congress reconvenes, lawmakers plan to advance proposals including the "Prohibit Corrupt Russia Oil Deals Act" introduced by Representative Gregory Meeks and the "Ronald Reagan Peace Through Strength Act" drafted by Representatives Brian Fitzpatrick and Don Bacon.
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Oil slips as Trump’s sanction waiver may lead to more Russian fuel supplies
SINGAPORE, Oct 19 (Reuters) - Oil prices slipped in early Asian trade on Monday after US President Donald Trump waived sanctions and tariffs on Russia that may lead to more Russian fuel exports. Brent crude futures fell $1.06, or 0.96%, to $1...
Trump Waives Most of the Russia Sanctions in the Lindsey Graham Act
Let’s review the Lindsey O. Graham Sanctioning Russia and Iran Act and Trump’s waiver. Lindsey O. Graham Act Key Points Tariffs On Russia (Section 112): Requires the President, within 30 days of enactment, to raise duties on all goods imported from the Russian Federation by up to 500% ad valorem (on top of any existing […]
Coverage Details
Total News Sources180
Leaning Left31Leaning Right28Center28Last UpdatedBias Distribution36% Left
Bias Distribution
- 36% of the sources lean Left
36% Left
L 36%
C 32%
R 32%
Factuality
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