Trump Waives Russian Oil Tariffs: Relief for India
Trump Waives Russian Oil Tariffs: Relief for India Meta Description: October 17, 2026 | Geopolitics | India–US Relations Trump's sudden decision to waive new sanctions and tariffs linked to Russian oil has brought major relief to India. But is this a lasting policy shift or only temporary protection from another trade dispute? What Is Happening Now? US President Donald Trump issued an executive order on October 16, 2026, waiving major sanctions and tariffs under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. The legislation included additional tariffs of up to 100% on US imports from major buyers of Russian oil and gas, including India and China. The measures were scheduled to take effect on October 18. Trump cited US national interests in granting the waiver. However, existing Russia-related sanctions remain in place. Why It Matters Washington originally supported tougher sanctions to restrict Russia's energy revenues and increase pressure over the Ukraine war...