A State Department release dated Oct. 17 says Rubio said President Donald Trump wanted a 60-day period to analyze the U.S. and global economic effects of Russia-related sanctions and tariffs. Reuters reported that Rubio described the period as part of deciding how to proceed. This paper reported the waiver on Oct. 17; the confirmed change is the administration’s stated 60-day period. [E1] [E2]
The executive order states that, pursuant to Section 115(a) of the Graham Act, it waives duties provided for in Sections 112 and 113 and says a national-interest certification was submitted to Congress. [E3]
Under the order, the waivers remain in effect until the president or the Secretary of State, in consultation with the Secretary of the Treasury and the Trade Representative as appropriate, determines that further action is appropriate. [E5]
According to the Times of India, US President Donald Trump waived sanctions, restrictions and duties targeting Russia under the Graham Act just weeks after signing legislation aimed at squeezing Moscow over its invasion of Ukraine. [E4]