Trump waives new Russia sanctions as law takes effect
US President Donald Trump has moved to waive the application of newly enacted sanctions and tariff measures targeting Russia, just as the law was due to take effect. The executive order was issued on Friday night and covers provisions in the Russia sanctions law signed into effect in September. It marks a significant reversal from the legislation's intended pressure on Moscow over its war in Ukraine.The law, known as the Lindsey Graham Act, gave the president authority to impose duties of up to 100% on major buyers of Russian oil and gas. It also targeted Russia's energy and defence sectors,... [Continue Reading]
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