Trump Waives Portions of Law on Tariffs for Russian Oil and Gas Importers
President Trump waived portions of a bipartisan law, including significant tariffs on major importers of Russian oil and gas, just before they were set to take effect. He invoked executive authority citing national interest and a desire to ease energy…
Wilmington, NC, October 17, 2026 —
President Trump waived portions of a bipartisan law that included significant tariffs on major importers of Russian oil and gas, shortly before the tariffs were set to take effect. He cited executive authority, the national interest and a desire to ease energy prices in explaining the move.
The decision drew differing reactions. Russia praised the waiver, while Ukraine and some U.S. lawmakers criticized it. The available information does not identify the lawmakers or specify the grounds for their criticism.
The name of the law, the exact provisions waived and the tariff rates were not provided. The summary also does not identify the importers affected, state when the tariffs were due to begin, or give the date the waiver was issued. It does not detail the legal basis beyond Trump’s invocation of executive authority.
The stated aim of easing energy prices was part of Trump’s explanation for the decision. No estimate of the waiver’s effect on energy prices was provided, and the information does not describe how the action may affect the companies or countries covered by the tariffs.
The account does not include direct quotations from Trump or from supporters and critics, nor does it provide additional details about the responses from Russia or Ukraine. Those details, along with the scope and implementation of the waiver, remain unspecified in the information available.
Story summarized from the original created by CBS News on www.wwaytv3.com, see more information here.
