Trump Grants India Sanctions Relief; Rubio Explains Tariff Review
US Secretary of State Marco Rubio said President Donald Trump may need up to 60 days to assess the impact of Russia sanctions and tariffs on the US and global economy, according to PTI. He spoke to media in Washington before a week-long trip to Uzbekistan and India. Rubio was responding to questions about Trump signing waivers under the Graham Act, which suspends key provisions like tariffs on countries buying Russian oil, offering relief to India. Rubio said the president wants time to study the consequences and form the most appropriate policy approach, though no final decision has been made. The executive order signed Friday keeps waivers in effect until further action is deemed necessary, with the secretary of state consulting the treasury secretary and trade representative. Rubio cited energy supply pressures from Iran conflict, Houthi attacks, and the Russia-Ukraine war, noting India still buys significant Russian oil and cannot switch suppliers overnight.