Trump waives tariffs on largest buyers of Russian oil, days before Lindsey Graham-backed law was set to take effect - CBS News

Trump waives tariffs on largest buyers of Russian oil, days before Lindsey Graham-backed law was set to take effect - CBS News

Source: CBS News

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DW NOTE

Trump exempts India and China — the two largest buyers of Russian crude — from sanctions one week before congressional restrictions would have taken effect. The law was written to choke Moscow's oil revenue during the Ukraine war. The waiver ensures it won't. Graham spent six months selling this as leverage. It lasted six days.

Read the full story at CBS News →