Trump waives Russia sanctions as new US law takes effect
The waiver holds back sanctions and tariffs intended to punish Moscow over Ukraine, giving Russia relief from measures Trump signed into law only last month.
By Hushread Stories, written with AI from 10 outlets · First published 17 Oct 2026
In brief
- President Trump waived new Russia sanctions and tariffs shortly before they were due to take effect.
- Trump said withholding the measures served US national interests, despite signing the legislation just last month.
- The Graham Act targeted Russia over its invasion of Ukraine through broad sanctions and tariffs.
- Putin's envoy welcomed the decision, while the Kremlin and Putin had not reacted in the available coverage.
- The waiver offers relief for India's oil imports, but the available reporting does not establish its duration.
Timeline · 5 moments
Waiver offers relief for India's oil imports
Indian Express ↗Putin says Moscow intends to seize eastern territory
The Hindu ↗Putin's envoy hails suspension as a historic moment
Times of India ↗New US sanctions law takes effect with waivers
BBC News - World News ↗Trump waives new Russia sanctions late Friday night
Axios ↗How it started
Trump signed the Graham Bill into law in September, according to CNBC. The legislation targeted Russia over its invasion of Ukraine through broad sanctions and tariffs.
The purpose was to punish Moscow for its war against Ukraine, BBC News reported. But as the law took effect, Trump said parts of it ran against US national interests.
How it unfolded
Late Friday, October 16, President Trump waived the new sanctions, according to Axios. He cited the "national interests" in holding off on the sweeping levies under the Graham Act, which he had signed the previous month.
By October 17, BBC News reported that several Russia sanctions had been waived as the new law took effect. CNBC described the decision as covering broad new sanctions and tariffs. The supplied coverage does not identify every provision affected.
Putin's envoy welcomed the move as a "historic moment," The Hindu reported on October 17. Times of India also reported the envoy's praise for the suspension.
That response was not yet a direct reaction from Putin or the Kremlin. The Hindu reported that neither had responded, while also reporting that Putin had appeared in military uniform and said Moscow intended to seize the rest of eastern Ukraine.
Where it stands
The immediate result is that Trump has withheld several measures intended to increase pressure on Russia. The coverage describes a waiver of sanctions and tariffs, not the repeal of the Graham Act.
The effects extend beyond Russia. Indian Express described the waiver as relief for India's oil imports, while cautioning that the US still retained leverage. The supplied reporting does not specify how long that relief will last.
What to watch
The main unresolved details are which provisions remain in force and how long the waivers will apply. The available coverage does not provide a complete list of exemptions or a timetable for reconsidering them.
A direct response from Putin or the Kremlin also remained outstanding in The Hindu's report. The envoy's praise showed Russian approval, but did not settle how Moscow would formally respond.


