Trump Waives Sweeping Russia Sanctions and Tariffs Under New Law

The US president signed an executive order waiving sanctions and a 500% tariff on Russian goods imposed under recent legislation.

US President Donald Trump has signed an executive order granting waivers for a series of sanctions, restrictions, and tariffs imposed on Russia, newspaper Nikkei Asia and financial news outlet Jinshi Data reported.

According to the reports, the White House order suspends penalties mandated under the 2026 Lindsey Graham Russia and Iran sanctions act. The waived measures include a 500% tariff on Russian imports entering the United States.

Full details regarding the entire scope of the waivers and the administration's rationale have not yet been released.