US: Trump suspends new Russia sanctions passed by Congress

On October 16, 2026, Donald Trump signed an order suspending the application of several Russia sanctions under the Graham Act, citing « the national interest of the United States ». Enacted in September, the law targeted Russian hydrocarbon revenues, the shadow fleet and Russian officials; it also authorized tariffs of up to 100% on goods from countries such as China and India. The order does not lift all US sanctions on Russia or repeal the law. Moscow welcomed the decision and called for dialogue and cooperation instead of sanctions and confrontation.