HAMILTON (Canada), Oct 17 (Bernama-Anadolu) -- United States (US) President Donald Trump issued an executive order late Friday implementing a new Russia sanctions law while waiving its tariffs and many sanctions, Anadolu Ajansi (AA) reported.
The order implements the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which Trump signed into law on Sept 18.
Under the order, duties on Russian goods increase by 500 per cent.
It also imposes additional duties of 100 per cent on goods from the five largest importers of Russian oil and gas that make new purchases on or after Oct 18.
The same 100 per cent increase applies to goods from the five largest facilitators of sanctions evasion involving Russian oil.
However, Trump waived the duties, citing US national interests, and submitted a certification to Congress, the White House said.
The waivers will remain in effect until the president or the secretary of state determines that further action is appropriate.
The legislation was named in honour of the late Sen. Lindsey Graham, according to the supplied information.
-- BERNAMA-ANADOLU