Trump Waives Russia Sanctions, Suspends 100% Oil Tariff Threat — SkimNews
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- Trump invoked a national interest waiver to halt Russia-related tariffs and key sanctions provisions, citing rising domestic fuel prices and energy market pressures ahead of US midterm elections.
- India and China emerged as the primary beneficiaries as the United States suspended its threat of 100% tariffs on major purchasers of Russian energy.
- The policy shift delivers significant relief to India on oil imports and is timed ahead of Marco Rubio's upcoming visit.
- The reversal marks a strategic shift in Washington's approach, framed by the administration as an effort to stabilize global energy supplies.
Why it matters: By suspending sanctions and the 100% tariff threat under a national interest waiver, Trump prioritizes domestic fuel affordability and midterm optics over enforcement. India and China — the world's largest Russian energy buyers — gain a clear runway to continue discounted purchases while Rubio's visit frames the reversal diplomatically rather than coercively.
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