Trump waives several Russia sanctions as new US law takes effect
Trump says parts of a new law that aims to punish Moscow for its war against Ukraine are against US national interests.
In a move that has sparked controversy, US President Donald Trump has used his executive powers to exempt several sanctions on Russia that were recently enacted by the US Congress. The sanctions, aimed at penalizing Russia for its involvement in Ukraine's conflict, were part of a bill signed by Trump in September but were set to take effect on Sunday. This decision came shortly after Trump announced the US would import Russian diesel to lower energy prices ahead of the midterm elections in November.
The sanctions law, named after late Republican Senator Lindsey Graham, who was a vocal critic of Russia in Washington, targeted Russia's economy by allowing tariffs of up to 100% on the top five buyers of Russian oil and gas, primarily China and India. It also included sanctions against Russian President Vladimir Putin, key government officials, financial institutions, and Russia's "shadow fleet" of tankers.
A group of 20 bipartisan lawmakers had urged Trump to adhere to the law, emphasizing its importance in compelling Putin to engage in meaningful peace talks.
Critics, including US allies, have expressed concern that this decision could benefit Russia during its ongoing war in Ukraine. Ukrainian President Volodymyr Zelensky denounced the move, labeling it a "gift to Putin" and an "investment in a war that must be ended."
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