ट्रम्प
Washington, October 17:
U.S. President Donald Trump signed an executive order on Friday exempting revenues from Russia’s energy sector from potential sanctions and tariffs. This decision marks a shift in U.S. policy to increase pressure on Russia’s energy trade, opting not to exercise the authority granted under the Graham Act enacted last month.
The Lindsey Graham Act, named after the late U.S. senator, granted President Trump the authority to impose tariffs of up to 100 percent on major buyers of Russian oil and gas. In the executive order, it was stated that he decided not to implement the restrictions and tariffs outlined in Section 4 of the Act. The legislation targeted Russia’s energy and defense sectors, Russian President Vladimir Putin, and other senior officials. Moscow’s alleged “shadow tanker fleet”—used to evade Western sanctions—was also targeted.
The decision comes following a controversial agreement made by Trump with President Putin to permit Russian diesel exports in exchange for relief from U.S. sanctions. Ukrainian President Volodymyr Zelenskyy criticized Trump’s decision as a “weak move.” Following the agreement, as the Ukrainian military resumed attacks on Russian oil refineries, relations between Kyiv and Washington have also deteriorated.
RSS/Unified Nepal
