Trump waives Russia sanctions and tariffs before they take effect

cnbc.com —

President Donald Trump waived key Russia-related sanctions and tariffs days before they were to take effect under a law he signed last month, citing U.S. national interests in an executive order released Friday. The law, designed to pressure Russia for its 2022 invasion of Ukraine, would have imposed tariffs up to 100% on goods from major Russian oil and gas importers. Trump has recently warmed toward Russia while criticizing Ukrainian President Volodymyr Zelenskyy. Analysts noted the waiver avoids potential oil price hikes ahead of U.S. midterm elections. The waiver remains until Trump or officials decide otherwise, drawing criticism from Democrats who called it a surrender to Putin.


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Trump waives Russia sanctions and tariffs before they take effect | News Minimalist