Trump waives some Russia-related sanctions that threatened 100% tariffs on India

President Donald Trump has waived the application of certain sanctions, restrictions, and tariffs related to Russian energy exports, citing it as being in the national interest of America. The waiver was invoked under the Graham Act, a law championed by late Senator Lindsey Graham to impose punitive measures against Russia for its invasion of Ukraine.

While the directive suspends the implementation of the tariffs, it does not prevent their formal imposition, allowing Trump the option to re-impose them at any future time. Trump stated in the executive order: "I am hereby waiving the application of such sanctions, restrictions, and duties provided for in the Graham Act. I have submitted to the Congress a certification that the issuance of such a waiver at this time is in the national interests of the United States."