U.S. FEDRegulation
Executive order waives Graham Act sanctions, restrictions and duties on Russia before October 18 start
President Donald Trump signed an executive order on October 16, 2026 implementing the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 and waiving its duties, sanctions and restrictions. The order stated duty increases of 500 percent on Russian goods and 100 percent on goods from top importers of Russian oil and gas and top sanctions-evasion facilitators, then waived those duties under section 115 after certifying the waiver was in the national interests of the United States.
Text (The White House) → · Okay News, New Kerala
Key points
- Section 4 waives sanctions and restrictions in Graham Act sections 102(a), 102(d), 102(e), 103-111 and 117 for foreign persons and persons.The White House
- The order preserves sanctions under earlier executive orders addressing Russian harmful foreign activities, including persons already sanctioned under them.The White HouseOkay News
- The Trade Representative, with State, Treasury and Energy, monitors countries' Russian oil and gas purchases and sanctions-evasion facilitation and reports to the President.The White House
- Section 5 delegates Graham Act functions to the Secretaries of State, Treasury and Energy and to the Trade Representative, with redelegation allowed.The White House
- The waivers remain in effect until the President or the Secretary of State, consulting Treasury and the Trade Representative, determines further action is appropriate.The White HouseOkay News
- New Kerala (IANS) reported the order was posted late Friday and that neither the certification nor the basis report has been made public.New Kerala
Sources3 articles across 3 outlets · 10 in the cluster
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RegulationU.S.Executive Order Implementing the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026EnergyFinancial servicesRegulatoryFor practitionersFor governance