Trump delays sanctions against Russia and tariffs against Moscow’s partners

U.S. President Donald Trump on Friday issued an order delaying the implementation of sanctions against Russia and trade tariffs against Moscow’s partners, предусмотренных by the Lindsey Graham law, The Moscow Times reports.

The measures are extremely harsh and target Russia’s oil and defense sectors, as well as the shadow fleet. They were due to take effect this week.

Trump’s order does not say how long the postponement will last. U.S. Secretary of State Marco Rubio said the president intends to assess the effectiveness of the sanctions and tariffs over 60 days.

Rubio added that during this period Trump wants to analyze what the introduction of these measures will mean for the global and U.S. economies. He made the statement to journalists before departing for Uzbekistan.

The law was passed by the U.S. Congress and signed by the president in September. Trump said on Saturday that he had not yet made a final decision on imposing sanctions and tariffs on Russian exports.

On Sunday, on the Truth Social network, Trump wrote that he does not want to push Russia away from the negotiating table “out of stupidity”, and that he is guided by this in his decisions.

Sources

• Material: ru.themoscowtimes.com