Trump Signs Order Waiving Russia-Related Sanctions
The U.S. president said it would be in the national interest to waive the sanctions for now.
TL;DR
- President Trump signed an executive order on October 16.
- The order waives sanctions, restrictions, and duties on the top five countries buying Russian oil and gas.
- Trump stated the waiver is in the U.S. national interest, without providing specific details.
- This executive order overrides a previously enacted law that would have imposed sanctions on these countries.
- The law, championed by the late Sen. Lindsey Graham, targeted countries purchasing Russian oil and gas due to the war against Ukraine.