Trump waives key Russia-related sanctions, tariffs before they take effect under new law
WASHINGTON: President Donald Trump waived key Russia-related US sanctions and tariffs days before they were to take effect under a law he signed last month, including duties on the country’s goods and penalties for buying its oil and gas. In an executive order released by the White House on Friday, Trump said the waiver was in the national interests of the United States. The law is meant to…
President Donald Trump has waived key Russia-related US sanctions and tariffs days before they were set to take effect under a recently signed law. The White House announced the waiver in an executive order, stating it was in the national interest of the United States. The law aimed to increase pressure on Russia for its 2022 invasion of Ukraine.
However, Trump has been displaying a warming attitude towards Moscow while publicly criticizing Ukrainian President Volodymyr Zelenskiy. The waiver could potentially have raised oil prices as Americans faced higher costs due to the US-Israeli war on Iran. The legislation, backed by late Senator Lindsey Graham, would have imposed tariffs of up to 100% on goods imported from Russia and any country aiding Russia in evading sanctions.
Trump believes China and India are not helping Iran at all, and he sees no issue with the waiver. The waiver remains in effect until Trump or his top officials decide further action is necessary. Critics, including US Representative Don Beyer, argue that the waiver betrays Ukrainian partners and defies the law's intent to punish Russia for its illegal war of aggression.
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- Trump Waives Key Russia-Related Sanctions, Tariffs before They Take Effect under New Law japannews.yomiuri.co.jp
