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Trump Waives Graham Act Russia Sanctions and 100% Tariffs on Oil Buyers Days Before They Take Effect

An executive order formally imposes, then suspends, the law's tariffs on Russia and its biggest oil customers, with no end date.

By Ecker Geopolitics Desk · Reviewed and edited by Brendan Ecker

· Updated · 1 min read

Official presidential portrait of President Donald Trump, who waived Graham Act sanctions on Russia

President Trump signed an executive order dated Oct. 16 waiving nearly all new sanctions and tariffs in the Lindsey O. Graham Sanctioning Russia and Iran Act, two days before they were due to take effect on Oct. 18. The waiver covers a 500% duty on Russian goods and 100% tariffs on the largest buyers of Russian oil and gas, such as China, India and Turkey, and has no expiration date. Zelenskyy called it "a gift" to Putin, while Kremlin envoy Kirill Dmitriev called it "historic."

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Graham Act · Russia sanctions · Donald Trump · Lindsey Graham · Ukraine · Russian oil · tariffs · Volodymyr Zelenskyy

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