Trump waives broad new Russia sanctions and tariffs under Graham Act, citing national interest

cnbc.com·Azhar Sukri·2026-10-17T06:16:20.000Z
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Standard News Reporting

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The article reports that President Trump waived key parts of a new law imposing harsh sanctions on Russia and countries buying its oil, just days before it was set to take effect. The move, which critics say helps Russia and undermines U.S. allies, is framed as being driven by concerns over high fuel prices ahead of midterm elections. Russian officials welcomed the decision, while U.S. lawmakers and allies expressed strong disapproval.

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