Rubio says Trump paused Russia sanctions for 60-day economic review
publishers 15articles 16first reported 18 Oct, 01:55 UTCdeveloping since 18 Oct · 7 editions
US President Donald Trump has paused sweeping sanctions and tariffs targeting Russia for up to 60 days while his administration assesses their potential effects on the global and US economies, Secretary of State Marco Rubio said Saturday.
Rubio said the restrictions would affect several countries, not only Russia, and must be considered alongside conflicts that are driving up global energy costs. He cited the US war on Iran and attacks by Yemen’s Houthis on Saudi Arabia, saying overlapping conflicts were affecting oil and diesel prices as well as national economies.
Trump signed an executive order Friday waiving measures Congress adopted in September, two days before they were due to take effect. The law targeted Russian officials, oligarchs and financial institutions and authorized sanctions on major buyers of Russian oil and gas.
The decision drew criticism from lawmakers in both parties. Republican Senator Thom Tillis called it “beyond irresponsible,” while Senator Ted Cruz described it as “a mistake.” Trump said the decision would be good for the United States and the world but offered few details.
Middle East Eye and The Punch, citing AFP, reported that the order followed an agreement with Russian President Vladimir Putin allowing Russian diesel exports in exchange for sanctions relief. Rubio said the diesel would have reached global markets regardless, and that the key difference was how much would be available to the United States amid rising fuel prices.
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Written from 3 articles, 2 with the publisher's own text; 3 independent newsrooms once syndicated copies count as one; this version written 6 h after the record first saw the story; the editor kept it as written.
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