Trump suspends part of Russia sanctions under Graham Act

US President Donald Trump has ordered a suspension of certain sanctions and additional tariffs mandated by the Graham Act targeting Russia and Iran, citing US national interests in an executive order published on the White House website. The suspension applies to sanctions, restrictions, and tariffs under the law signed by Trump on September 18, which included a 500% tariff increase on Russian goods and provisions for 100% tariffs on major buyers of Russian oil and gas. Trump formally established these tariffs but simultaneously exempted their application, delaying rather than permanently canceling the measures. The administration retains the ability to activate the sanctions later, with the exemption remaining in effect until the president or authorized officials decide otherwise. Previously, House Democrats had expressed doubts about the bill and called for bipartisan revisions.