Trump's 60-day Russia sanctions waiver offers India tariff relief — SkimNews
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- Trump waived key provisions of the Sanctioning Russia and Iran Act for 60 days, pausing punitive tariffs on countries like India that buy Russian oil.
- Marco Rubio said the 60-day pause will allow the U.S. to analyze the sanctions' impact on the global and domestic economy, citing energy disruptions from the Iran war, Houthi attacks, and the Ukraine conflict.
- India receives temporary relief from U.S. tariffs linked to its Russian oil purchases, with Rubio noting its efforts to diversify energy sources despite continued reliance on Russia.
- Darline Graham criticized Trump’s waiver, stating she would have maintained pressure on Russia to end the war and lower gas prices, and expressed personal disappointment given the law bears her late brother’s name.
- Thom Tillis called the decision 'beyond irresponsible,' arguing the administration is capitulating to Putin and should instead resolve the Iran war to reduce fuel costs.
- Elizabeth Warren accused Trump of disregarding Congress and enabling Putin’s war of aggression, urging lawmakers to act to reverse the waiver.
Why it matters: India gains short-term tariff relief amid energy import constraints, while Trump risks congressional backlash from both parties over bypassing a law passed 86-11. The 60-day window creates uncertainty for global oil markets and U.S. allies balancing energy needs with geopolitical alignment.
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