President Donald Trump has waived significant Russia-related sanctions and tariffs that were scheduled to take effect under a law enacted last month. The waivers, issued via executive order, affect duties on Russian goods and penalties related to the purchase of its oil and gas, citing national interest.
The law, intended to exert further pressure on Russia following its invasion of Ukraine, was signed by Trump in mid-September. This action comes as analysts suggest that new measures could have potentially exacerbated rising oil prices, a concern for American consumers already facing increased costs.
The legislation, primarily championed by the late Senator Lindsey Graham, would have imposed tariffs of up to 100% on goods from major importers of Russian crude oil or gas, and on countries aiding Russia in evading sanctions. The waiver will remain in effect until determined otherwise by the President or senior officials.
The decision has drawn criticism from some lawmakers. U.S. Representative Don Beyer condemned the move, stating it undermines Ukrainian partners and disregards congressional intent. This action follows previous scrutiny of a diesel deal with Russia that lawmakers argued could finance Moscow's war efforts.
Major buyers of Russian oil, such as China and India, had previously expressed concerns regarding the sanctions bill. Beijing opposed extraterritorial jurisdiction, while India warned of potential impacts on bilateral relations.
