Trump waives new sanctions and tariffs on Russia

Donald Trump signed an executive order on Friday waiving sanctions and tariffs provided for under the Lindsey Graham Act, which became law last month. The law authorized duties of up to 100% on major buyers of Russian oil and gas and targeted Russia’s energy and defense sectors, Vladimir Putin and Moscow’s shadow fleet. Trump’s reversal follows a controversial deal with Putin allowing Russian diesel exports in exchange for US sanctions relief. Volodymyr Zelensky called the decision “weak,” while Ukrainian forces resumed attacks on Russian oil refineries.