Trump suspends sanctions on buyers of Russian energy under Graham Act

This is stated in a presidential executive order issued Friday, Ukrinform reports. Trump invoked a provision of the law allowing the President to waive the sanctions provided for under the legislation. “I am hereby waiving the application of such sanctions, restrictions, and duties provided for in the Graham Act. I have submitted to the Congress a certification that the issuance of such a waiver at this time is in the national interests of the United States,” he said. Trump’s executive order formally imposes the tariffs provided for by the law but immediately suspends their implementation.