Donald Trump has paused a sanctions package against Russia, saying the delay is in the national interest. The move came two days before the measures were due to take effect.
01Summary
- 01Trump signed an executive order on Friday to put the sanctions on hold.
- 02The sanctions law had passed the House and Senate by large margins and was drafted by Lindsey Graham and Richard Blumenthal.
- 03The package targeted Russian officials, banks and a shadow fleet of tankers carrying energy.
- 04The law also called for tariffs of up to 100 percent on the five biggest importers of Russian oil or gas.
- 05The decision came a week after Trump said the US had signed a deal to buy diesel from Russia.
02Why it matters
The pause weakens a bipartisan effort to increase pressure on Moscow over the war. It also raises questions about Trump's stance towards Russia and Ukraine ahead of the US midterm elections.
Pulse AIAsk about this story
Answers are generated by AI from the story summary; they are not investment, health or legal advice.
