Trump waives new Graham Act sanctions on Russia, citing national interests

President Trump signed an executive order late Friday waiving sweeping new sanctions and tariffs on Russia and buyers of its oil that were set to take effect within two days under the Graham Act, a law he signed last month aimed at pressuring Moscow. The order said the waiver is "in the national interests of the United States." The move follows Trump's deal allowing Russia to sell diesel internationally and comes amid his dispute with President Zelensky over Ukrainian strikes on Russian oil refineries.