Trump waives some Russia sanctions, citing diesel prices and a 60-day assessment

On Friday, President Donald Trump shocked the world by easing sanctions on Russia to allow the sale of Russian diesel fuel to the United States and global markets. He boasted that his action would dramatically reduce the price of diesel fuel for Americans and the rest of the world. Trump’s action is a shameful betrayal of Ukraine and our allies that will have little, if any, effect on the price of diesel but will help finance Russia’s war machine and reward a ruthless autocratic regime that continues to murder Ukrainian civilians every week. Ironically, Trump’s action comes in the wake of newly authorized sanctions that have the potential to throttle the Russian war machine. Less than a month ago, he signed into law the Lindsey O. Graham Sanctioning Russia and Iran Act, which imposes mandatory sanctions and tariffs on countries buying Russian oil and natural gas. The bipartisan act passed the Senate by an overwhelming 86-11 margin, reflecting the broad support for sanctions in the United States. Under the act, the administration is required by law to announce the mandated sancti

NY Post readers discuss President Trump pausing sanctions against Russia and purchasing a large amount of its diesel.

Within weeks of waiving sanctions on Russian diesel, President Donald Trump waived sanctions on Russia’s trading partners.

With his Republican Party facing the prospect of losing control of Congress in Nov. 3 elections, President Donald Trump has sought ways to tame a significant source of voter discontent: elevated fuel costs. Saying that lower prices for Americans were his “greatest priority,” Trump announced via social media on Oct. 9 that he’d struck a deal with President Vladimir Putin for Russia to supply the US and global market with diesel. Prices of the fuel have risen significantly in the US, mainly becaus

President Trump decided to stop sanctions against Russia that were expected to take effect on Sunday. This comes as the war with Ukraine enters a critical phase during the winter. CBS News' Ramy Inocencio reports.

President Trump waived sanctions on Russia that were expected to take effect on Sunday, including those on Moscow's oil sector. CBS News' Weijia Jiang reports.

President Trump is defending his decision to delay new sanctions on Russia, arguing he does not want to drive Moscow away from the negotiating table as he works to end the war in Ukraine. The move, however, is drawing increasing scrutiny from Republicans. Sens. Darline Graham (R-S.C.) and Thom Tillis (R-N.C.) have been the most...

Republican lawmakers blasted President Donald Trump for waiving new tariffs and sanctions on Russia, prompting the president to defend himself against some of his strongest allies on Capitol Hill. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)

Washington’s abrupt decision to hit pause on sweeping economic penalties aimed at Russia is now being framed as a deliberate timeout — not a retreat. US Secretary of State Marco Rubio said US President Donald Trump’s waiver would amount to a 60-day break designed to assess what broad sanctions and tariffs could do to the […]

The United States has defended President Donald Trump's decision to waive sanctions under the Lindsey O Graham Sanctioning Russia and Iran Act, citing concerns about global energy supplies and the economic consequences of further restrictions.Treasury Secretary Scott Bessent and Secretary of State Marco Rubio described the move as allowing a 60-day assessment of potential sanctions and tariffs.Speaking on NBC's Meet the Press, Bessent maintained that no existing sanctions had been lifted by Trump's executive order.Donald Trump Waives Russia And Iran Sanctions Under Graham Act, Cites US National Interest As India Faces Potential Russian Oil TariffsEurope Rejected Sanctions Against India, ChinaBessent claimed Washington had asked European allies to impose secondary sanctions on India and China over their purchases of Russian oil, but they declined.He questioned why the US should act alone when European countries continued purchasing Russian energy.Bessent also accused European governments of providing Moscow with substantial revenue through energy imports, alleging that their purchases exceeded American imports of Russian products by more than tenfold.Rubio said the waiver provisions allowed the administration to assess pressures arising from the Iran conflict, Houthi attacks and the Russia-Ukraine war.He indicated that Trump wanted to examine the potential consequences for the US and global economies before pursuing additional measures.The executive order allows the waiver arrangements to continue until the President or authorised officials determine that further action is necessary. Trump Faces Bipartisan Criticism Trump defended the move while speaking to reporters at Mar-a-Lago, describing it as beneficial for the United States and the wider world.However, the decision attracted criticism from lawmakers in both major political parties despite the sanctions legislation receiving substantial bipartisan support.Congressman Ami Bera criticised the waiver and urged Republican lawmakers who supported the legislation to oppose Trump's decision.Indian-American Congressman Suhas Subramanyam also accused the administration of undermining congressional authority and weakening support for Ukraine.Critics argued that easing the threat of additional sanctions could reduce economic pressure on Moscow.The administration, however, maintained that the waiver would provide time to evaluate the wider consequences of further restrictions.The dispute highlights divisions in Washington over balancing pressure on Russia with concerns about international energy markets and economic stability.

President Donald Trump is defending his decision to waive key sanctions and tariffs targeting Russia.

The decision has triggered political opposition in Washington, with lawmakers questioning its implications for Ukraine and the enforcement of sanctions against Moscow.

US President Donald Trump waived new sanctions on Russia days before they were set to take effect, reversing a bipartisan congressional push and raising fresh questions about Washington’s commitment to Ukraine.

President Donald Trump said he cut a diesel export deal with Russia and delayed imposing further sanctions because he doesn’t want to drive Vladimir Putin away from peace talks with Ukraine.

President Trump's decision to temporarily suspend sanctions on Russian diesel deliveries is actually putting more pressure on the Kremlin, Energy Secretary Chris Wright wildly claimed Sunday.

Washington, Amid intense criticism, the US on Sunday said the waiver of sanctions on Russia and tariffs on other countries, including India, was a 60-day pause to analyse the global impact of the measure.Trump's cabinet colleagues Marco Rubio and Scott Bessent said the Lindsey O Graham Sanctioning Russia and Iran Act granted the President the flexibility to assess the situation."No sanctions were lifted on Friday," Bessent told NBC's Meet the Press, referring to the Executive Order signed by Trump granting a waiver from sanctions under the Graham Act passed with overwhelming bipartisan support last month.Bessent revealed that the US had asked its European allies to impose secondary sanctions on China and India for buying Russian oil, but they refused."So why should the US bear the burden? President Trump, perhaps we will be in contact with our European partners. Why should the US go it alone," Bessent said, adding that European countries had waived an embargo on purchase of Russian diesel and jet fuel in May.On Saturday evening, Secretary of State Rubio said waivers were included in the Graham Act to study the different things going around the world, such as the pressure on global energy supplies due to the Iran war, the attack of Houthis in Saudi Arabia and the Ukraine-Russia war."I think the president wants to take the 60-day period of time to sort of analyse what imposing both sanctions and tariffs will mean to the global economy, and even to the US economy," Rubio told reporters before leaving on a six-day visit to Uzbekistan and India.The executive order signed by Trump on Friday states that the waivers shall remain in effect until such time as the President or the Secretary of State, in consultation with the Secretary of the Treasury and the Trade Representative, as appropriate, determine that further action is appropriate.Speaking to reporters at Mar-a-Lago resort near Miami on Saturday, Trump said his decision to waive sanctions under the Graham Act would benefit the US."A lot of you don't know what my decision is yet, but we'll figure it out, and you'll figure it out," he said."It's a very good decision, and it's going to be a decision that's good for the country, and I think good for the world because we're really at a world stage," Trump said.Bessent also accused the European nations of fuelling Russia's war on Ukraine by buying oil and gas from Moscow."The Europeans have given Russia and Vladimir Putin more money than they've given the Ukrainians. They continue to gorge on Russian energy," Bessent said."The Europeans are financing the Russian war machine. The US imports USD four billion of Russian products. USD 1.8 billion of that is fertiliser. The Europeans import more than 10 times that," Bessent said.Trump's decision to waive sanctions on Russia came under fire from the Republicans and Democrats, who last month came together to overwhelmingly pass the Lindsey O. Graham Sanctioning Russia and Iran Act.Senator Darline Graham, a Republican from South Carolina, also criticised Trump for exempting Russia from a sanctions law that was championed by and named after her late brother Lindsey.Indian-American lawmakers, most of whom had voted against the Graham Act, were sharply critical of Trump's decision."Trump's decision to waive new sanctions on Russia should leave no doubt: that is exactly what is happening," Congressman Ami Bera said on X."My Republican colleagues pushed hard to pass the Lindsey Graham Russia sanctions bill before we left town. They ought to be standing up and screaming at the top of their lungs that we don't side with Russia," he said."Trump is doing exactly what we warned: undermining Congress' authority, abandoning Ukraine, and letting Putin off the hook," Congressman Suhas Subramanyam said on X."Republicans refused to let us vote on stronger Russia sanctions. Now we - and our allies - are paying the price," Subramanyam said.

Bloomberg News White House Correspondent Jeff Mason tells Bloomberg This Weekend that President Donald Trump’s decision to waive new sanctions on Russia is drawing criticism from Republicans and Democrats while adding strain to the US relationship with Ukraine. Speaking with hosts David Gura and Christina Ruffini, Mason explains how Trump’s push to lower diesel prices ahead of the midterms is shaping his Russia policy and raising questions about whether the strategy can deliver relief for voters in time. (Source: Bloomberg)

US Secretary of State Marco Rubio has announced that US President Donald Trump’s waiver of statutory Graham Act penalties constitutes a 60-day pause to analyze the economic fallout of sanctions and tariffs on the global and US economies. Speaking ahead of travel to Uzbekistan, Rubio cited partner dependencies such as India’s reliance on Russian oil and defended the bilateral diesel deal amid overlapping Middle Eastern energy shocks.

Rubio said on Saturday that the president will use up to 60 days to assess the economic impact of Russia-related sanctions and tariffs that he waived a day earlier.

White House spokesperson Taylor Rogers has stated that enforcing statutory Graham Act sanctions and tariffs against Russia now would impede US efforts to negotiate a peace deal between Ukraine and Russia. Rogers defended Donald Trump’s executive waiver, asserting the statute provides executive leverage and that the president retains the authority to impose penalties at any time if national interests dictate.

Rubio said Trump has waived Graham Act sanctions on Russia for 60 days to assess their impact on global and US energy markets and tariffs on countries like India.

The US Congress is unlikely to mount an immediate legislative response to President Donald Trump’s decision to indefinitely postpone Graham Act sanctions and tariffs against Russia, as lawmakers remain in recess until after the Nov. 3 midterms. While lawmakers across both parties condemned the executive waiver – with Republican Thom Tillis calling it “more than irresponsible” and John Cornyn, Chuck Schumer, and Elizabeth Warren issuing criticism – pending bills to block the move remain stalled until post-election sessions convene.

Secretary of state Marco Rubio says sanctions bill has been paused for 60 days to ‘analyse’ its economic impacts

US Secretary of State Marco Rubio has explained why President Donald Trump temporarily held off on imposing sanctions and steep tariffs on countries buying Russian oil, including India, saying New Delhi remains an important American ally and cannot shift away from Russian energy overnight.Speaking to reporters at Joint Base Andrews on Saturday, before departing for Uzbekistan and India, Rubio said the administration wanted 60 days to assess the potential economic consequences of imposing sanctions on Russia alongside tariffs on countries purchasing its energy.Breaking: India buys Russian oil but it is also an important ally and partner of the US, says Secretary of State Rubio while explaining why India and others were not hit with sanctions by Trump pic.twitter.com/oKyrbisZtW— Shashank Mattoo (@MattooShashank) October 18, 2026 “The problem is that these sanctions were not just sanctions on Russia. They include tariffs on a number of countries, India, for example, and others. And so I think the president wants to take the 60-day period of time to sort of analyze what imposing both sanctions and tariffs will mean to the global economy and even to the US economy,” Rubio said.The remarks come after Trump temporarily waived the proposed measures under the Lindsey O. Graham Sanctioning Russia and Iran Act, citing national interest. The proposed legislation provides for sweeping sanctions against Moscow and tariffs of up to 100% on imports from major purchasers of Russian oil and natural gas, including India and China.‘Hard To Pivot From One Day To The Next’Rubio acknowledged that India has diversified its energy sources but continues to depend significantly on Russian supplies.“Then you've got countries like India, for example, that have voluntarily diversified their energy portfolio, but are still getting a substantial amount of energy from Russia because it's hard to pivot from one day to the next,” he said.He added that Washington needed to consider India's energy requirements and its strategic relationship with the US before deciding on further measures.Why Trump Paused The Sanctions And TariffsTrump signed an executive order on October 16 waiving key provisions of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, citing US national interests. The legislation authorised tariffs of up to 100% on goods imported from major buyers of Russian-origin oil and natural gas, including India and China.Donald Trump's Tariff Waiver Not India-Specific, Says Kanwal Sibal As Experts Flag Reversal Risk Rubio said the proposed measures would affect not only Russia but also countries purchasing its energy, making it necessary to assess their wider economic consequences.The 60-day review period is intended to help the administration determine the appropriate combination of sanctions and tariffs while accounting for their potential impact on global markets and the US economy. The waiver provides temporary relief from the proposed measures, rather than ruling out further action.

US Secretary of State Marco Rubio said on Saturday that President Donald Trump’s waiver of sweeping sanctions and tariffs on Russia would be a 60-day pause to “analyse” their impact on the global economy. “The president wants to take the 60-day period of time to sort of analyse what imposing both sanctions and tariffs will mean to the global economy and even to the US economy,” Rubio said, noting that the economic restrictions involved a number of countries, not just Russia. He said various conflicts were impacting global energy prices, including the US war on Iran and attacks on Saudi Arabia by Yemen’s Houthis. “These conflicts around the world are starting to crash into each other, and they’re having an impact not just on global oil and diesel prices” but on economies as well, Rubio said. Trump said late on Saturday his decision would benefit the US, though it was unclear if he had actually made up his mind on the matter. “We’ll figure it out, and you’ll figure it out,” he said. “It’s a very good decision, and it’s going to be a decision that’s good for the country, and I think good for the world.” US lawmakers on both sides of the political aisle have sharply criticised Trump after he signed an executive order Friday that waived sweeping sanctions and tariffs targeting Russia — measures adopted by Congress last month. The law passed in September, and signed by Trump, included sanctions targeting Russian officials, oligarchs and financial institutions, and provided Trump with the authority to impose sanctions on major buyers of Russian oil and gas. The idea was to cut off sources of funding to supporters of Russian President Vladimir Putin, as well as his war on Ukraine. But late Friday, two days before the law was due to take effect, Trump exempted Russia from those economic restrictions. “Beyond irresponsible,” Republican Senator Thom Tillis, a frequent Trump critic who will leave office in January, said in a post on X. “If the President wants to actually bring down energy prices, he can do it by solving the Iran problem, not by doing a solid for Vladimir Putin.” Ted Cruz, a senior Republican senator from Texas, called the move “a mistake” in comments aired on Fox News. Trump’s executive order came after he struck a deal with Kremlin leader Vladimir Putin to allow exports of Russian diesel in exchange for the easing of sanctions. The impact of steep diesel price hikes due to the Iran war are beginning to filter into the US economy, and cost of living worries are top of mind for voters ahead of key midterm elections next month. Polls show Trump’s Republicans are likely to receive a drubbing at the polls. “The diesel that Putin was going to sell, they were (going to) make it available to the global market one way or the other. The only difference is how much of it the United States was going to get,” Rubio said, underscoring the importance of the vital fuel powering US road hauling, agriculture and construction. Ukraine’s President Volodymyr Zelensky said he feared the United States would lift more sanctions on Russia and that Trump’s action “rewards” Putin.

Trumps day Russia sanctions waiver offers India tariff relief

Donald Trump has waived sanctions that threatened tariffs of up to 100 per cent on goods imported into the US from the five largest purchasers of Russian oil, including India.

Donald Trump has waived sanctions that threatened tariffs of up to 100 per cent on goods imported into the US from the five largest purchasers of Russian oil, including India.

<p>India is expected to maintain Russian crude oil imports near current levels after US President Donald Trump waived sanctions </p>

A day after US President Donald Trump announced he would waive key sanctions related to Russia under the Graham Act, Marco Rubio explained why the US waived some energy tariffs.

New Delhi: Diplomats, economists and analysts have struck a cautious note after US President Donald Trump waived provisions of the Lindsey Graham Sanctioning Russia and Iran Act (SRIA) of 2026, which authorised him to impose 100% tariffs on major buyers of Russian oil.The decision offers considerable relief to India, whose exports to the US could have been severely affected had Washington imposed the threatened tariffs.However, former Foreign Secretary Kanwal Sibal cautioned New Delhi against viewing the move as a concession specifically intended for India.#WATCH | On US President Donald Trump waiving Graham Act sanctions, United States Secretary of State Marco Rubio says, "The problem is these sanctions were not just sanctions on Russia. They include tariffs on a number of countries, India, for example, and others. And so I think the president wants to take the 60-day period of time to sort of analyse what imposing both sanctions and tariffs will mean to the global economy and even to the US economy...Countries like India, for example, have voluntarily diversified their energy portfolio but are still getting a substantial amount of energy from Russia because it's hard to pivot from one day to the next. But they're also an important ally and partner of the United States. So, the president, we need that period of time to sort of study all this and figure out what the right combination is"(Source: US Network Pool via Reuters)— ANI (@ANI) October 18, 2026“This waiver is not India-specific,” Sibal said. He argued that once a licence was issued for the global sale of Russian diesel, partly in view of the upcoming US midterm elections, a broader waiver became inevitable. Disagreements with Ukraine and Europe may also have influenced Trump’s calculations.“Instead of India being collateral damage, it has benefited collaterally,” he said.Tariff relief remains reversibleThe Global Trade Research Initiative (GTRI) echoed this caution, pointing out that Trump had suspended, rather than repealed, the relevant provisions.“The relief is reversible. Washington can restore the tariffs anytime, leaving India and other buyers uncertain about future US action,” it said.Rubio's India visit draws attentionAnalysts believe the decision could also be linked to US Secretary of State Marco Rubio’s forthcoming visit to India. Rubio is scheduled to arrive on October 19 and meet External Affairs Minister S Jaishankar on October 20 before travelling to Jamnagar to visit Mukesh Ambani’s refinery.Foreign policy analyst Brahma Chellaney said the timing was significant, given Jamnagar’s role in processing Russian Urals oil and Venezuelan crude. The State Department has said Rubio’s agenda includes formalising long-term energy cooperation.Indian imports of US energy declineThe visit comes ahead of the US midterm elections and amid a sharp decline in Indian imports of American crude oil and liquefied natural gas (LNG).Ship-tracking data showed that these imports fell 43% in September to 1.22 million tonnes from 2.13 million tonnes in August, their lowest level since April.SBI, Subsidiaries’ Customer Data Allegedly On Dark Web: 3.75 Lakh Records, 2,722 Documents Claimed In Data BreachAnalysts suggest Washington could be seeking greater Indian purchases of American energy. Removing the tariff threat could therefore form part of a broader effort to advance US commercial and strategic interests.Exporters gain relief from tariffsFor now, the waiver protects Indian exporters from the immediate threat of punitive tariffs. Industry body FICCI welcomed the move, saying it would help safeguard exports to the US.The stakes are particularly high for India’s garment and handicrafts sectors. A 2025 study by Apparel Resources estimated that US tariffs could wipe out a third of India’s garment exports, worth around $5.33 billion, directly affecting 700,000 workers and indirectly impacting many more.Also Watch:Russian oil purchases and trade negotiationsThe waiver also gives India greater room to continue purchasing Russian crude, helping preserve energy supplies and economic stability. However, with the underlying provisions still in place, the relief remains vulnerable to a change in US policy.CareEdge Chief Economist Rajani Sinha told ANI that she viewed the proposed 100% tariffs as a negotiating tactic in the ongoing bilateral trade agreement (BTA) discussions. With the immediate threat lifted, she said, India would need to consider its next steps carefully.

The US government has opted to lift specific sanctions concerning the import of Russian oil and gas. This includes a review period of 60 days to evaluate the economic effects on key importers such as India and China. Senator Marco Rubio highlighted India's persistent dependency on Russian energy sources despite attempts to explore alternatives.

On October 16, Mr. Trump waived key provisions of the Graham Act that authorised punitive tariffs on countries purchasing Russian oil, offering relief to India

US Secretary of State Marco Rubio said Saturday that President Donald Trump’s decision to waive sanctions and tariffs on Russia would last 60 days, as the move drew bipartisan criticism and raised fears in Ukraine that Washington could ease further restrictions on Moscow.

US Secretary of State Marco Rubio said that US President Donald Trump's waiver of sweeping sanctions and tariffs on Russia would be a 60-day pause to "analyse" their impact on the global economy.

Rubio says Russia sanctions pause to 'analyse' impact on global economy US Secretary of State Marco Rubio said Saturday that President Donald Trump's waiver of sweeping sanctions and tariffs on Russia would be a 60-day pause to "analyse" their impact on the global economy and "even to the US economy". Rubio said the economic restrictions involved a number of countries, not just Russia. He said various conflicts were impacting global energy prices, including the US war on Iran and attacks on Saudi Arabia by Yemen's Houthis. "These conflicts around the world are starting to crash into each other, and they're having an impact not just on global oil and diesel prices but on economies as well," he said. US lawmakers on both sides of the political aisle have sharply criticised Trump after he signed an executive order Friday that waived sweeping sanctions and tariffs targeting Russia -- measures adopted by Congress last month. The law passed in September, and signed by Trump, included sanctions targeting Russian officials, oligarchs and financial institutions, and provided Trump with the authority to impose sanctions on major buyers of Russian oil and gas. Trump's executive order came after he struck a deal with Kremlin leader Vladimir Putin to allow exports of Russian diesel in exchange for the easing of sanctions. The impact of steep diesel price hikes due to the Iran war are beginning to filter into the US economy, and cost of living worries are top of mind for voters ahead of key midterm elections next month. Report by AFP

The US secretary of state says various conflicts are impacting global energy prices, including the US war on Iran and attacks on Saudi Arabia by Yemen's Houthis.

The US President is weighing economic consequences and global energy pressures as Washington considers its next steps on punitive trade measures

Trump under pressure over high energy prices as war with Iran disrupts global oil supplies

Sen. Darline Graham (R-S.C.) said Saturday that she would prefer to keep sanctions pressure on Russia after President Trump waived sanctions on the country that were enacted through a bill Graham championed. Trump signed an executive order Friday waiving sanctions on Russian energy, passed under the Lindsey O. Graham Sanctioning Russia and Iran Act. The...

At least eight Republican senators and several House lawmakers have spoken out against Trump's diesel deal with Russia or the sanctions waiver.

Republican members of Congress blasted President Donald Trump’s decision to waive a tariff law passed last month to restrict Russian energy exports, arguing that the move will help Moscow wage its war on Ukraine.

The Trump administration is ignoring the will of Congress and waiving new Russia sanctions amid fears that high energy prices will cost Republicans in next month’s elections.

Republicans and Democrats condemn Trump’s decision to suspend sanctions, saying it undermines support for Ukraine.

Trump's sanctions waiver has drawn bipartisan criticism, with lawmakers warning it could weaken pressure on Moscow.

US President Donald Trump waived tariffs on major buyers of Russian oil, providing temporary relief to India. While the immediate threat of trade penalties has eased, concerns over future tariffs remain. The GTRI suggests that India should focus on buying oil on commercial terms for long-term energy security. Existing sanctions on Russia remain unaffected, and US monitoring of energy purchases will continue.

Russia Celebrates 'Historic Moment' After Trump Formally Waives Graham Act Sanctions The Kremlin is praising the Trump White House after the US President on Friday signed an executive order to waive a new package of sanctions and tariffs on Russia. What's essentially a major and unexpected 'stay of execution' comes after in September Trump had signed the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026" into law. It was expected to take effect soon, as part of a big Washington ramping up of pressure to further strangle the Russian economy and thus starve Putin's war machine. Trump has informed Congress that he must waive the new sanctions package because it is in the US national interest, at a moment he's desperately trying to get diesel prices under control amid both the Iran war and Ukraine's attacks on Russian oil refineries. "I have submitted to the Congress a certification that the issuance of such a waiver at this time is in the national interests of the United States," the president said in his order. via RIA NovostiThe significant reversal comes weeks before US midterm elections, and appears a serious extension and overture related to the earlier diesel deal struck between Putin and Trump. Russian presidential envoy Kirill Dmitriev has hailed the move to put sanctions on hold as a "significant and truly historic moment." He further said that enacting the package likely would have "brought economic cooperation between Russia and the US to a complete standstill." Had Trump finally pulled the trigger on the measure, it would have slapped tariffs of up to 100% within 30 days on imports from Russia's top five oil and gas buyers, as well as any nation that knowingly purchased Russian fuel or actively helped Moscow evade sanctions Needless to say, the Zelensky government sees this as yet more huge 'betrayal' by Trump and Washington, despite the billions in US and European taxpayer dollars already sunk into Kiev's coffers. In a Saturday morning social media post, Zelensky accused Trump of essentially once again siding with Moscow, while also lamenting the loss of his friend Lindsey, and now also the loss of the sweeping sanctions package named after the late South Caroline Senator... Sanctions relief will continue. I think the diesel deal and the move regarding the Lindsey Graham Act are not the end of it. Unfortunately. It’s unfortunate because we all had great respect for Lindsey. He devoted his life to America. We had an excellent relationship with him. And shortly before the tragedy, Lindsey was in Ukraine. He always supported us very strongly and pushed for as much assistance to Ukraine as possible. It’s difficult without him, I’ll be honest. I want to thank both Democrats and Republicans who supported his bill. That was a major victory: this truly bipartisan support. And now, the decision to undo all of this, to block all of it, seems wrong to me. And it definitely helps only the Russians. It only fuels their satisfaction and their desire to keep killing people. This certainly does not stop the war. From answers to journalists’ questions. (1/3) — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) October 17, 2026 And to be expected the hawks in Congress are raging: Sen. Richard Blumenthal, D-Conn., who worked closely with Graham on this issue, released a statement slamming the president's decision. "These waivers have nothing to do with our national security, and everything to do with sucking up to Vladimir Putin," Blumenthal said. Of the diesel deal of over a week ago, Trump had described, "It was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter." Some key elements of what was supposed to be enacted, but have now been paused indefinitely: The order, posted by the White House, lays out the penalties the law calls for and then waives them, including: 500% tariffs on Russian goods 100% tariffs on the five largest buyers of Russian oil and gas 100% tariffs on the top facilitators of Russian sanctions evasion ⭕️ BREAKING: President Donald Trump signed an executive order Friday waiving nearly all the Russia sanctions and tariffs required under a law named for the late Sen. Lindsey Graham, the New York Times reported. Trump signed the law himself on Sept. 18. The order, posted by the White House, lays out the penalties the law calls for and then waives them, including:
➤ 500% tariffs on Russian goods
➤ 100% tariffs on the five largest buyers of Russian oil and gas
➤ 100% tariffs on the top facilitators of Russian sanctions evasion Trump told Congress the waiver "is in the national interests of the United States." It follows his deal with Vladimir Putin to buy Russian diesel. — Drop Site (@DropSiteNews) October 17, 2026 He had said further when announcing the initial diesel deal to the world on Truth Social, "Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel." But obviously this agreement would have been hindered if the Graham sanctions had taken effect, thus the logic of waiving them. Tyler Durden Sat, 10/17/2026 - 12:55

Lawmakers from both parties criticized Trump's move to lift sanctions on Russia, though Congress appears unlikely to respond quickly.

Lawmakers from both parties blasted the executive order late Friday, the latest in a series of steps that the Republican president has taken drawing the United States closer to Russia's Vladimir Putin.

WASHINGTON (AP) — President Donald Trump's abrupt decision to waive sanctions on Russia days before they were to take effect drew outrage Saturday from members of Congress, which had overwhelmingly passed the legislation in a bipartisan display of American support for Ukraine in the war with Russia.

President Trump on Friday signed an executive order calling off the imposition of new sanctions on Russia.

Trump's unexpected decision comes a week after he stunningly said the U.S. had agreed to purchase diesel from Russia.

President Donald Trump waived key Russia-related US sanctions and tariffs days before they were to take effect under a law he signed last month, including duties on the country’s goods and penalties for buying its oil and gas. In an executive order released by the White House on Friday, Trump said the waiver was in […]

US President Donald Trump has waived a further slate of sanctions related to Russian fossil fuel sales, days before they were to take effect under a bill he signed into law last month. The waiver announced in an executive order Friday comes as Trump increasingly feuds with Ukrainian President Volodymyr Zelensky, and cracks appear in … The post Trump waives Russia-related sanctions before they even kick in as Ukraine ties worsen appeared first on Egypt Independent.

Bloomberg News Russia economy and government editor Anthony Halpin and White House correspondent Jeff Mason tell Bloomberg This Weekend that President Donald Trump’s waiver of new Russia sanctions could offer Moscow economic and diplomatic opportunities while adding pressure on Ukraine. (Source: Bloomberg)

US President Donald Trump has drawn criticism from several American lawmakers following his reported decision to waive sanctions targeting Russian energy sales.Democratic politicians accused the President of weakening economic pressure on Moscow and undermining Ukraine during its continuing conflict with Russia.The controversy comes amid a proposed diesel supply arrangement with Russia, as rising fuel prices become a concern in the United States ahead of November's midterm elections.The sanctions provisions reportedly waived under the Lindsey O Graham Sanctioning Russia and Iran Act would have imposed tariffs of up to 100% on goods imported from the five largest buyers of Russian crude oil or gas, including India and China.Donald Trump Waives Russia And Iran Sanctions Under Graham Act, Cites US National Interest As India Faces Potential Russian Oil Tariffs Democrats Accuse Trump Of Weakening Sanctions Against RussiaRepresentative Don Beyer criticised the reported waiver, describing it as a surrender to Russian President Vladimir Putin.In a post on X, Beyer alleged that Trump's decision undermined Ukraine and disregarded congressional efforts to penalise Russia over the war.Trump just waived all of the sanctions on Russia provided for in the Lindsey Graham Sanctioning Russia Act, just as I and others warned he would.Trump’s latest surrender to Putin again betrays our Ukrainian partners and defies clear congressional intent of legislation designed… https://t.co/XgJxguesXa— Rep. Don Beyer (@RepDonBeyer) October 17, 2026 He also accused the administration of misusing its authority and called for changes to the legislation.California Governor Gavin Newsom's office questioned Trump's motivations in a social media post, making an unsubstantiated suggestion about possible financial influence from Putin.Senator Richard Blumenthal also condemned the decision, arguing that it went against the interests of American voters, Congress and European allies.He questioned the national security justification for the waivers and urged Republican lawmakers to oppose the move.Diesel Deal Sparks Concerns Over Ukraine WarRepresentative Don Bacon warned that easing pressure on Moscow could prolong the Russia-Ukraine conflict.Former world chess champion Garry Kasparov, a prominent Putin critic, also criticised Trump.According to ANI, Kasparov argued that measures providing financial relief to Russia could strengthen Moscow's ability to continue military operations.He further questioned whether the United States would gain anything meaningful from the proposed arrangement.The criticism follows reports of a Russian diesel deal intended to address elevated American fuel prices.Opponents argue that relaxing energy-related restrictions risks weakening sanctions intended to pressure Russia.However, the supplied report does not include a response from the Trump administration to these allegations.The dispute highlights divisions over US policy towards Russia, energy security and continued support for Ukraine.

The US President passed an executive order late last night blocking the sanctions on oil and gas exports which were due to take effect tomorrow.

The US President passed an executive order late last night blocking the sanctions on oil and gas exports which were due to take effect tomorrow.

Trump signed the Graham Bill, which targeted Russia over its invasion of Ukraine, into law in September.

India is the largest importer of Russian seaborne crude, averaging 1.8 million barrels per day this year, ahead of China at 1.2 million

 US President Donald Trump has waived several new Russia-related sanctions, trade restrictions, and tariffs imposed by Congress.   In an executive order signed on Friday, Trump said the waiver was in the “national interest of the United States”.   The waiver comes barely a month after the act was signed into law and a few days before it takes effect.   The legislation imposed tariffs of up to 100 percent on goods imported into the US from the five largest buyers of Russian crude oil or gas, whose purchases help fund the Kremlin’s war effort.     However, Trump’s executive order exempts several provisions of the law from application.   Trump said he had submitted a certification to Congress alongside a report explaining the basis for the decision.   The waiver will remain in place until Trump or the secretary of state determines that further action is appropriate.     Trump clarified that the decision would not affect sanctions imposed on Russia under earlier executive orders.   WHY TRUMP IS WAIVING THE SANCTIONS   The waiver comes as Trump announced that Russia would supply diesel to help reduce global energy prices.   The announcement drew criticism from 12 US senators, including six Republicans, who urged Trump to reverse the deal.     Trump had blamed Ukrainian attacks on Russian oil refineries for rising energy prices. With the US midterm elections approaching, higher fuel costs could pose a challenge for Republicans, who hold narrow majorities in both chambers of Congress.   Although Trump did not explicitly link the sanctions waiver to the diesel deal, the decision gives his administration more flexibility to take measures that could affect Russian energy trade.   TRUMP’S CALL FOR NEW UKRAINIAN PRESIDENT   Trump, who appears to be at odds with Volodymyr Zelenskyy, Ukraine’s president, has criticised him over his opposition to the diesel deal with Russia and other disagreements in US-Ukraine relations.     In response to Zelenskyy’s criticism, Trump said he believed “it was time for Ukraine to elect a new president”.   Earlier this week, Zelenskyy said Ukraine had received no warning from its partners before a deadly ballistic missile attack hit a major power plant in Kyiv and damaged a residential building.     In response, Trump said the US had not stopped sharing intelligence with Ukraine.   Ukrainian authorities have also said they were caught off guard by restrictions on the military-grade version of Elon Musk’s Starlink satellite internet service, which disrupted drone operations and early-warning systems.     The restrictions reportedly affected military logistics, communications and reconnaissance along the frontline.   Zelenskyy said on Friday that Starlink operations had improved but had not been fully restored.     Trump also criticised the Ukrainian leader in an interview with Newsmax on Thursday, saying he found Zelenskyy “more difficult to deal with than Putin”.

President Donald Trump signed an executive order on Friday that waived sweeping US sanctions and tariffs targeting Russia's energy revenues, marking a new low in Washington's ties with war-torn Ukraine. Our correspondent Gulliver Cragg tells us more.

The law authorised tariffs of up to 100% on goods from the five largest importers of Russian crude and gas, and sanctions on Russia's shadow fleet of tankers

US President Donald Trump has suspended the implementation of a sweeping package of sanctions against Russia that he signed into law last month, saying the decision was in the national interest. Trump signed an executive order on Friday, October 16, 2026, just two days before the sanctions were due to take effect, according to Al […] Trump’s suspension of new Russia sanctions draws criticism over Putin ties

The US president signed an executive order that waived sweeping US sanctions targeting Russia's energy revenues, two days before they were due to take effect.

In his executive order, Donald Trump said exempting Russia from the sanctions legislation was in the “national interest” of the United States.

The move offers relief to major Russian oil buyers as India and the US push to finalize a trade deal, with crude prices above $100 a barrel adding to pressure on New Delhi’s import bill and inflation.

The Lindsey Graham Act -- named after the deceased US senator who sponsored the bill -- allowed Trump the authority to impose duties up to 100 percent on major buyers of Russian oil and gas. The post Trump signs executive order waiving new Russia sanctions, tariffs appeared first on Vanguard News.

WASHINGTON (AP) — President Donald Trump on Friday signed an executive order that puts on hold a sweeping new sanctions package targeting the Russian economy, telling Congress the pause was in the national interest.

The move to put the sanctions on hold comes amid increasing criticism from Trump of Ukrainian President Volodymyr Zelenskyy and follows the US' diesel deal with Russia.

It said that the move gives India relief from threatened additional duties of up to 100% linked to Russian oil purchases

Trump said the waiver was in the national interest of the United States in executive order released Friday

US President Donald Trump's reversal on the Russia sanctions comes after he struck a deal with Russia President Vlamidir Putin to ease sanctions on Russia in exchange for Moscow releasing large amounts of diesel into global markets.

The President wrote to Congress that the move was in the national interest, undoing legislation he signed just last month and named in honor of the late Senator Lindsey Graham.

The President wrote to Congress that the move was in the national interest, undoing legislation he signed just last month and named in honor of the late Senator Lindsey Graham.

The legislation, whose primary backer in Congress was the late Senator Lindsey Graham, was signed into law by Trump in September.

US President Donald Trump has waived more sanctions on Russia in a bid to ease energy prices.

The new sanctions and tariffs were set to take effect in two days.

US president's executive order comes two days before sanctions deadline and a week after diesel deal with Putin.

In a dramatic policy U-turn, US President Donald Trump has signed an executive order waiving wide-ranging US sanctions and tariffs aimed at choking off Russia’s energy revenues—measures he signed into law just last month. The Lindsey Graham Act – named after the deceased US senator who sponsored the bill – allowed Mr Trump the authority […]

US President Donald Trump on Friday (local time) signed an executive order waiving key Russia-related sanctions and tariffs under the Graham Act, telling Congress that the decision was in the national interest.

Named after late South Carolina Sen. Lindsey Graham, the legislation had sought to clamp down more quickly on the flow of financial resources fueling the war against Ukraine.

WASHINGTON — U.S. President Donald Trump on Friday signed an executive order that puts on hold a sweeping new sanctions package targeting the Russian economy, telling Congress the pause was in the national interest. Trump personally signed the legislation just last month and his move came just two days before a deadline set in the law itself for its implementation. It drew shift condemnation from congressional Democrats. Named after late South Carolina Sen. Lindsey Graham, the legislation had sought to clamp down more quickly on the flow of financial resources fueling the war against Ukraine. Trump's unexpected decision comes a week after he stunningly said the U.S. had agreed to purchase diesel from Russia to try to bring down global energy prices, despite that potentially hurting Ukraine in its war with Russia. An AP-NORC Center for Public Affairs Research poll published Oct. 1 found that Americans disapprove of the president's handling of the Iran war and blame him for higher prices. Trump's approval ratings have sunk to near-historic lows and pressure is mounting as Republicans try

The waiver comes during the worst rift between the US leader and Ukrainian President Volodymyr Zelensky in recent months after Mr Trump agreed to a diesel deal with Russia

US President Donald Trump signed the order using the waiver power written into the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.

US President Donald Trump signed the order using the waiver power written into the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.

President Donald Trump signed an executive order Friday, Oct. 16, waiving sweeping Russia sanctions and tariffs set to take effect Sunday under legislation he signed just a month earlier. The decision suspends 500% tariffs on Russian imports and 100% duties targeting major buyers of Russian oil and gas. The move follows Trump’s diesel deal with Putin, drawing criticism that sanctions relief could fund Russia’s war.

US President Donald Trump has signed an executive order that waived sweeping US sanctions and tariffs targeting Russia's energy revenues after signing them into law last month.

President Donald Trump signed an executive order on Friday that waived the sweeping Russian sanctions and tariffs enacted by the bill championed by the late Sen. Lindsey Graham. Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act into law last month, but he decided to put the legislation on hold indefinitely, saying that […]

Trump waives Russia oil sanctions a day before tariffs on India were due

Trump’s unexpected move comes a week after he stunningly said the US had agreed to purchase diesel from Russia to try to bring down global energy prices.

Trump’s unexpected move comes a week after he stunningly said the US had agreed to purchase diesel from Russia to try to bring down global energy prices.

Trump’s unexpected move comes a week after he stunningly said the US had agreed to purchase diesel from Russia to try to bring down global energy prices.

The sanctions would have targeted Russia's energy and defence sectors, president Vladimir Putin and other senior officials, as well as Moscow's so-called shadow fleet.

Washington: US President Donald Trump has issued a waiver from sanctions, restrictions and duties under the Sanctioning Russia and Iran Act, citing national interest.US President Donald Trump implements the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026."Section 115 of the Graham Act authorizes the President to waive the application of any sanctions provision with respect to a foreign person, any restriction with respect to a… https://t.co/awTR1RA9Fn— ANI (@ANI) October 17, 2026 “I am hereby waiving the application of such sanctions, restrictions, and duties provided for in the Graham Act,” Trump said in an executive order issued on Friday evening.Trump said he had submitted to Congress a certification that issuing such a waiver at this time is in the national interest of the United States.Katie Zacharia Out As White House Press Secretary After Just Five Days, In What Could Be The Shortest Tenure In History | Video The Lindsey O Graham Sanctioning Russia and Iran Act empowered Trump to impose sweeping sanctions on Moscow and slap steep tariffs against the world’s largest purchasers of Russian oil and gas, including China and India.(Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)

The United States president said that waiving the sanctions, which were to take effect on Sunday, was in the national interest of the US.

President signed the legislation championed by late senator Lindsey Graham last month but has waived the restrictions as they were due to come into effectDonald Trump has put on hold a sweeping new sanctions package targeting the Russian economy, telling Congress the pause on the legislation passed by both chambers was in the national interest.In an executive order on Friday, the US president said he was waiving many ⁠sanctions, restrictions and duties ⁠on Russia, in a move that comes as he has been publicly criticising ⁠Ukrainian president Volodymyr Zelenskyy, including suggesting that Ukraine needs a ​new leader. Continue reading...

Trump says parts of a new law that aims to punish Moscow for its war against Ukraine are against US national interests.

President Trump signed an executive order Friday evening to waive sanctions against Russia set to take effect soon under a recently signed legislative package. The president officially signed the sanctions package into law last month, which was posthumously dedicated to the late Sen. Lindsay Graham (R-S.C.). The legislation sought to put pressure on the Kremlin...

President Donald Trump suspended sweeping new sanctions against Russia passed by Congress, arguing in an executive order Friday that the move “is in the national interests of the United States.”

The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 gave Trump the authority to impose broad sanctions on Russia and levy steep tariffs on major buyers of Russian oil and gas, including China and India. One of the largest buyers of Russian crude, India was among the countries that expressed concerns about the legislation.

Trump on Friday signed an executive order setting, but immediately waiving, sweeping new tariffs and sanctions on Russia.

President Trump prevented some new sanctions on Russia and hefty tariffs on large-scale buyers of Russian oil from taking effect late Friday, as he seeks to ease prices by tapping Russian energy.

Trump had signed the legislation 'Lindsey O Graham Sanctioning Russia and Iran Act of 2026 ' last month - which was named after Senator Lindsey Graham - one of Ukraine's staunch defenders in Washington.

US President Donald Trump on Friday signed an executive order that puts on hold a sweeping new sanctions package targeting the Russian economy, telling Congress the pause was in the national interest. Named after late South Carolina senator Lindsey Graham, the measure had sought to clamp down more quickly on the flow of financial resources fuelling the war against Ukraine. The move comes a week after Trump stunningly said the US had agreed to purchase diesel from Russia to try to bring down...

President Trump paused a congressional Russia sanctions package in the national interest, shortly after announcing a deal for Russian diesel.

The US president cited national interests for his decision to sign a waiver on sanctions Congress voted to place on Russia.

WASHINGTON (AP) — President Donald Trump on Friday signed an executive order that puts on hold a sweeping new sanctions package targeting the Russian economy, telling Congress the pause was in the national interest.

By Kanishka Singh and Jasper WardWASHINGTON, Oct 16 (Reuters) - President Donald Trump waived key Russia-related US sanctions and tariffs days before they were to take effect under a law he signed last month, including duties on the country's goods and penalties for buying its oil and gas.In an executive order released by the White House on Friday, Trump said the waiver was in the national interests of the United States.

By Kanishka Singh and Jasper WardWASHINGTON, Oct 16 - US President Donald Trump said on Friday that he is waiving many sanctions, restrictions and duties days before they were to take effect under a bill that he signed into law last month.Trump's executive order comes as he has been warming toward Russia and publicly criticizing Ukrainian President Volodymyr Zelenskiy, including suggesting that Ukraine needs a new leader.

US President Donald Trump has signed an executive order suspending the application of certain tariffs and sanctions against Russia under the Graham Act. The move comes amid efforts to lower US diesel prices ahead of the 3 November midterm elections and growing criticism from lawmakers over his approach to Russian energy exports.

President Donald Trump waived massive tariffs linked to Russian energy exports mandated in a law that he signed last month, as the measures complicated his push to lower diesel prices ahead of the US midterm elections.

The United States has reaffirmed that strengthening trade and commercial linkages with India remains a strategic priority, according to US Ambassador Sergio Gor. Speaking at the Bloomberg New Economy Forum in New Delhi, Gor emphasised that India continues to be a trusted partner, signaling a commitment to economic deepening despite geopolitical frictions. A critical point of contention-India's continued procurement of Russian crude oil-was addressed by the envoy. Gor clarified that US sanctions are intended as a diplomatic lever to bring the conflict in Ukraine to a resolution, rather than a punitive mechanism against purchasing nations. He noted that the US administration acknowledges the structural dependencies of countries relying on Russian energy, stating that President Trump does not expect an immediate or overnight cessation of energy imports that could destabilize domestic power supplies. These diplomatic overtures precede the upcoming visit of US Secretary of State Marco Rubio, whose trip next week is expected to focus on expanding energy cooperation and bilateral economic ties. This will be Rubio's second visit to India this year, and Gor indicated that further high-level cabinet visits are planned for the coming months to sustain the momentum.

U.S. Ambassador to India Sergio Gor stated during the Bloomberg New Economy Forum in New Delhi that strengthening economic ties remains a priority for Washington, despite ongoing disagreements over tariff policies and regional security. The U. S. has confirmed its intention to advance trade and business cooperation with New Delhi. Gor addressed the specific issue of Indian imports of Russian energy, noting that the Trump administration recognizes the energy dependencies of various nations on Russian resources. The diplomatic position articulated is that Washington does not anticipate an immediate cessation of these purchases, even if new sanctioning laws are enacted. This diplomatic posture is accompanied by concrete procedural steps: U. S. Secretary of State Marco Rubio is scheduled to visit India next week. This will be his second trip to the country this year, with the agenda focused on expanding energy cooperation and economic links. According to Gor, visits by other members of the U. S. cabinet are planned for the coming months.

Washington, October 15, 2026: US President Donald Trump is expected to decide within the next 10 days whether to impose sanctions on countries purchasing Russian oil and gas, including India and China. The proposed legislation could allow tariffs of up to 100% on countries continuing energy trade with Russia, although the final decision will rest with Trump.US Ambassador to India Sergio Gor said the legislation would give Trump the authority to penalise countries buying Russian energy or helping others bypass existing sanctions. Speaking at the Bloomberg New Economy forum, Gor clarified that the measures were not directed at any particular country, news agency ANI reported.Trump Has 10 Days To Decide“He has to make a determination in the next I believe 10 or so days,” Gor said. He added that Trump had not imposed sanctions on any country under the legislation so far. The proposed law requires the President to make a decision within 30 days of its passage.#WATCH | Delhi | Bloomberg New Economy Forum | On Russia sanction law, US Ambassador to India, Sergio Gor, says, "...We have ongoing discussions on that as it passed with overwhelming bipartisan support. That law got 86 votes out of 100 in our Senate... These sanctions options that Congress passed, they are not targeted at any individual country. It is three different buckets; one is oil, the second is gas, the third is sanctions evasion. So those individuals are identified based on numbers. It just happens that India does fall in one of those buckets, along with a lot of other countries. The goal is not to punish anyone. The goal is to try to bring an end to this war. I do think the president will make a determination on that over the next few days..." (Source: Bloomberg Economic Forum via ANI)— ANI (@ANI) October 15, 2026 #WATCH | Delhi | Bloomberg New Economy Forum | On United States Secretary of State Marco Rubio visit to India, US Ambassador to India, Sergio Gor, says, "This is the secretary's second trip in one year, second official trip...This trip is a little more business-focused... The bilateral trade between the United States and India has been on an incredible upshoot. This time the Secretary will be going to Mumbai, and he will have a lot of meetings there. He will also be going to Jamnagar, where he will meet some of the folks at Reliance. Reliance is one of the biggest oil refinery companies in the world... They are opening the first refinery in the United States in 50 years... While he is in Mumbai, he will be meeting with Government of India officials. We expect the Minister, Dr Jaishankar, to be joining us there along with other individuals..." (Source: Bloomberg Economic Forum via ANI)— ANI (@ANI) October 15, 2026 Gor said the legislation had received strong bipartisan support in the US Senate, with 86 of the 100 senators voting in its favour. The backing indicates broad political support in Washington for tougher measures against countries continuing energy trade with Russia.India’s Exemption Rests With TrumpWhen asked whether India could receive relief from the proposed sanctions or qualify for exemptions, Gor said the decision would depend entirely on Trump. He did not indicate whether India would receive any special treatment.“The goal is not to punish anyone. The goal is to try to bring an end to this war,” Gor said, explaining the US administration’s position. He acknowledged that countries could not immediately stop relying on existing energy supplies and said Washington wanted to work with its partners to gradually reduce the flow of money towards the war.India-US Trade Deal Nears Key StageDespite uncertainty over the proposed sanctions, Gor expressed confidence that India and the US would reach a trade agreement. He said both countries had made significant progress in negotiations, with most major issues already settled, PTI reported.“The big picture, the big framework, the big items are done,” Gor said. He explained that discussions were now focused on smaller details and any new issues emerging during negotiations. The talks have continued for around one-and-a-half years, which Gor described as an unusually fast pace compared with other trade agreements.Supreme Court Ruling Complicates TalksGor also said the US administration had to reconsider parts of an earlier trade arrangement after the US Supreme Court ruled that the law supporting it was unconstitutional.The ruling added another layer of complexity to the negotiations. However, Gor’s comments suggested that both countries remained focused on resolving outstanding issues and reaching an agreement.Defence, Technology And AI In FocusBeyond trade, Gor said Washington wanted to strengthen business relations with India in defence, information technology, data centres and semiconductor manufacturing. He added that greater investment by American companies in India could also create employment opportunities in the US.Gor identified India as a promising destination for artificial intelligence (AI) development. He said partnerships between Indian businesses and leading American technology companies could strengthen technological cooperation and create new opportunities in both countries.“India would be an incredible fit for AI, for tech development right here on their own soil, but partnering with some of our best companies is a win-win situation,” Gor said.Also Watch: Trump Signs Russia-Iran Sanctions Act, Authorises Up To 100% Tariffs On Russian Oil Buyers Including IndiaHis remarks highlight the two sides of the India-US relationship. While the proposed Russian energy sanctions could create fresh pressure on India, progress in trade negotiations and growing cooperation in technology suggest that both countries have strong reasons to maintain close economic ties.To get details on exclusive and budget-friendly property deals in Mumbai & surrounding regions, do visit: https://budgetproperties.in/