Trump seeks 60 days to weigh Russia sanctions and tariff impact: Rubio

business-standard.com —

US President Donald Trump wants a 60-day period to analyze the global and domestic economic impact of imposing sanctions on Russia and tariffs on other countries, Secretary of State Marco Rubio said Saturday. Rubio made the remarks while responding to questions about waivers Trump granted under the Sanctioning Russia and Iran Act, also known as the Graham Act. On Friday, Trump waived key provisions authorizing punitive tariffs on countries purchasing Russian oil, offering relief to India. Rubio noted the waivers were designed to study global pressures such as the Iran war, Houthi attacks in Saudi Arabia, and the Ukraine-Russia conflict. He said India, an important US ally, still receives substantial Russian energy due to the difficulty of quickly pivoting supply sources.


With a significance score of 3.3, this news ranks in the top 9.3% of today's 29833 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


Trump seeks 60 days to weigh Russia sanctions and tariff impact: Rubio | News Minimalist