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Trump Waives Russia Sanctions That Threatened 100% Tariffs On India

✦AI Summary

President Trump has waived the 'Lindsey O. Graham Sanctioning Russia and Iran Act of 2026', which previously threatened 100% tariffs on nations purchasing Russian oil. The act was named after the late Senator Lindsey Graham.

Why it matters

The waiver represents a shift in the administration's approach to enforcing sanctions against Russia and its trading partners.

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Trump had signed the legislation 'Lindsey O Graham Sanctioning Russia and Iran Act of 2026 ' last…

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