Trump signs order waiving Graham Act sanctions on Russia
Summary
President Donald Trump signed an executive order to stop new sanctions and tariffs on Russia that were set to begin on October 18, 2026. The order removes legal limits on the president’s power to change or lift sanctions on Russia in the future, but does not remove existing sanctions.Key Facts
- The executive order was signed on October 16, 2026.
- It cancels new sanctions and tariffs required by a law named after Senator Lindsey Graham.
- The law originally stopped the president from removing certain sanctions on Russia.
- The order gives the president more freedom to decide which sanctions to keep or remove.
- Existing sanctions on Russia remain in place and are not lifted by this order.
- The new sanctions and tariffs were scheduled to start in two days, on October 18, 2026.
- The law’s enforcement deadline was the reason for the timing of the president’s action.
- This change affects U.S. policy regarding economic pressure on Russia.
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