Trump Halts Sweeping Russia Sanctions, Citing US National Interest
President Donald Trump signed an executive order Friday, Oct. 16, waiving sweeping Russia sanctions and tariffs set to take effect Sunday under legislation he signed just a month earlier. The decision suspends 500% tariffs on Russian imports and 100% duties targeting major buyers of Russian oil and gas. The move follows Trump’s diesel deal with Putin, drawing criticism that sanctions relief could…
US President Donald Trump has suspended sweeping sanctions and tariffs targeting Russia, just two days before they were set to take effect. The move, which was signed into an executive order on October 16, cites US national interests despite concerns that easing economic pressure on Moscow could help finance its war against Ukraine.
The suspended measures include additional 500% tariffs on Russian imports, 100% duties on the five largest buyers of Russian oil and natural gas, and countries facilitating Moscow’s sanctions evasion. The decision comes amid deteriorating relations between Washington and Kyiv, with Ukrainian President Volodymyr Zelensky warning that allowing Russia to earn more from energy sales could strengthen Putin’s ability to continue the war.
Trump's order waives the application of the Graham Act's sanctions, restrictions, and duties, preventing their immediate implementation and shielding major Russian energy customers from new US trade penalties.
Brief written by urgent.news from Kyiv Post's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
