Trump seeks 60 days to study Russia sanctions impact, Rubio says

U.S. President Donald Trump wants a 60-day period to analyze the global economic impact of sanctions on Russia and tariffs on other countries, Secretary of State Marco Rubio said on October 17, 2026. Rubio spoke before departing for Uzbekistan and India, explaining the waivers under the Graham Act allow study of pressures like the Iran war, Houthi attacks, and the Ukraine-Russia conflict. He noted India still receives substantial Russian energy despite diversification efforts. Trump waived key Graham Act provisions on October 16, offering relief to India, which faces tariffs up to 100% on goods as one of the largest importers of Russian crude. The waivers remain until the President or Secretary determines further action.