Saturday, 17 October 2026

Trump Waives Key Sanctions and Tariffs on Russia

International Desk
Disclosure : 17 Oct 2026, 12:52 PM
U.S. President Donald Trump and Russian President Vladimir Putin.
U.S. President Donald Trump and Russian President Vladimir Putin: Photo collected

US President Donald Trump has issued an executive order waiving key Russia-related sanctions and tariffs just days before they were scheduled to take effect under newly enacted US legislation.

The waived measures were part of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 which Trump signed into law in mid-September. The law aimed to punish Moscow for its war in Ukraine by threatening tariffs of up to 100 percent on top global buyers of Russian oil and gas including major economies such as China and India.

In his executive order released Friday, Trump stated that suspending the penalties serves the national interest of the United States. White House officials noted the waiver would remain active indefinitely until further determination.

The decision comes ahead of competitive US midterm elections, as rising global energy costs exacerbated by ongoing conflict involving US and Israeli military operations against Iran have increased economic pressure on American consumers. Strict enforcement of the sanctions risked driving energy prices even higher.

The move sparked immediate political debate in Washington. Opposition Democrats criticized the decision also arguing it weakens international pressure on Russian President Vladimir Putin and undermines congressional intent. Conversely the Russian officials welcomed the waiver also describing it as a significant step for bilateral trade stability.

  • Latest

  • Popular

Bring the Festive Vibe Home with Quick Shrimp Rezala

1

10 Killed in TupTup Resort Fire in Cox’s Bazar, Eight From Same Family

2

Six of 10 Reported Dead in Cox’s Bazar Resort Fire Identified

3

Judge Allows Halle Berry's Son to Testify in Court

4

PM Urges Youth to Help Build a Clean and Green Bangladesh

5

Seven Reportedly Dead in Fire at TupTup Resort in Cox’s Bazar

6

FIFA Fines Spain $20,000 Over Anti-Muslim Fan Chants

7

Trump Waives Key Sanctions and Tariffs on Russia

8

Katie Zacharia Fired After 5 Days as White House Press Secretary

9

Bangladesh Battles World’s Worst Measles Outbreak

10

Six Killed in Devastating Fire at Cox's Bazar Resort

11

Indian Police Detain 'Cockroach' Movement Founder Abhijeet Dipke

12

Faridpur Murder Case / PBI Arrests 3 for Hijacking E-Bike and Drugging Driver

13

Phulbari Battalion (29 BGB) Deploys 10 Platoons for Durga Puja Security in Phulbari

14

Five Arrested in Pabna’s Faridpur with Yaba, Cannabis and Machetes

15

"There is no such thing as 'Majority' or 'Minority' in this Country, We are All Bangladeshis": State Minister Tuku

16

State Minister Mir Shahe Alam Extends Financial Support to Hindu Community Ahead of Durga Puja

17

Dhaka University Vice-Chancellor Visits PSTU

18

Israel's Violence / Israeli Settlers Burn Palestinian Olive Trees in West Bank

19

Bangladesh 4 More Dengue Deaths

20