Trump signs executive order waiving new Russia sanctions, tariffs

President Donald Trump signed an executive order Friday that waived sweeping US sanctions and tariffs targeting Russia’s energy revenues after signing them into law last month.
The Lindsey Graham Act — named after the deceased US senator who sponsored the bill — allowed Trump the authority to impose duties up to 100 percent on major buyers of Russian oil and gas.
“As described further in section 4 of this order, I am hereby waiving the application of such sanctions, restrictions, and duties provided for in the Graham Act,” the executive order said.
The law targeted Russia’s energy and defense sectors, President Vladimir Putin and other senior officials, as well as Moscow’s so-called...