Trump waives key Russia sanctions and tariffs before enforcement

President Donald Trump waived key Russia-related sanctions and tariffs that were scheduled to take effect under a new 2026 law, according to Reuters. The waiver was issued just days before the enforcement date, signaling a shift in U.S. policy regarding Russia-related economic measures.

Emirates247 reported that the waiver was justified by citing U.S. national interest, and it eases some pressure related to the ongoing Ukraine conflict. The move has drawn reactions from Congress, Democrats, and allied groups, especially amid concerns over oil prices.

Economic Times noted that Russia welcomed the suspension of these sanctions, describing the waiver as historic. The decision also provided relief to other countries such as India, China, and Turkey, which were affected by the sanctions under the so-called Graham law curbs.

The waiver represents a significant change in the U.S. approach to sanctions on Russia, with implications for international relations and economic policies. Further responses from lawmakers and international actors are anticipated as the situation develops.