US President Donald Trump will wait up to 60 days to analyse the economic impact of Russia-related sanctions and tariffs, Secretary of State Marco Rubio said Saturday. Trump has temporarily waived the measures, but he has not made a final judgement on whether they will be enforced.
The delay comes as the United States faces pressure from increased energy costs as a result of disruptions to global oil supplies caused by the war with Iran. The waiver also has an impact on a policy intended to put further economic pressure on Moscow over its involvement in the Ukraine conflict.
Trump told reporters at his Mar-a-Lago resort in Palm Beach, Florida, that he had yet to announce his final position. Rubio stated that the administration needed time to assess how the limitations may damage both the US economy and foreign markets.
Trump Russia Sanctions Review Focuses on Economic Impact
On Friday, Trump issued an executive order suspending key sanctions and tariffs imposed under the Graham Act, which he signed last month in response to congressional calls for harsher action against Russia.
The measures were set to take effect next week. They include taxes on Russian commodities as well as fines for countries who buy Russian oil and gas. Trump’s directive did not say how long the waiver would be in effect.
Rubio stated that the president has set a 60-day period to consider the potential effects of implementing the limits. He made the remarks before boarding a plane for a trip to Uzbekistan.
The act presents a broader challenge to Washington because it affects not only Russia but other countries that import Russian energy. Rubio used India as an example, describing it as a key US partner that has diversified its energy sources but still relies significantly on Russian oil.
Ukraine has reacted negatively to this move. President Volodymyr Zelenskiy cautioned that eliminating the limitations will boost Russian President Vladimir Putin’s position and prolong the battle.
Senator Darline Graham, a Republican from South Carolina whose late brother Lindsey Graham championed the measure, also criticised Trump’s decision. She stated that she planned to address the subject with Trump when he campaigned for her next week.
Graham told reporters that she would prefer to keep the pressure on Russia, noting that she did not trust Putin or the Russian administration.
Trump Russia Sanctions Debate Includes Diesel Supplies
Along with the sanctions decision, Rubio backed a separate agreement between the US and Russia to increase diesel supply to foreign markets. The agreement is meant to assist alleviate fuel price increases caused by the war with Iran and disruptions in energy supplies.
Trump stated that Russia would first give the United States with more than 300,000 metric tonnes of diesel. Additional shipments are anticipated in November and beyond, according to his statement.
Rubio contended that the petroleum would reach customers regardless of the agreement, with the main question being how much of the supply would go to the United States.
He linked the fuel agreement and the sanctions relief to the challenge of handling the economic consequences of Middle Eastern and Ukrainian conflicts. Both conflicts have interrupted global energy supplies, complicating decisions about fuel access and economic limits.
For the time being, the administration has not determined the final status of Russia-related sanctions and tariffs. The upcoming review period will allow Trump to examine their possible impact on the US economy and international markets before determining how to proceed.
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