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US defends 60-day sanctions pause to study global economic impact
Reported by Rohit Yadav (Staff Writer) · The Hindu - International ·
Reported by one source so far
UPDATE - follow-up to U.S. President wants 60 days to analyse impact of Russia sanctions law, says Marco Rubio: U.S. Secretary of State Marco Rubio defended the sixty-day pause on Russia sanctions and tariffs, stating the time is needed to measure the global and domestic economic effects of the measure. Mr. Rubio made the remarks on Saturday at Joint Base Andrews before departing for a six-day trip to Uzbekistan and India. He explained that the Graham Act includes provisions allowing waivers to account for global pressures like the Iran war, Houthi attacks in Saudi Arabia, and the Russia-Ukraine conflict. Mr. Rubio noted that India has diversified its energy sources but still relies on Russian energy because shifting away takes time. President Donald Trump signed the executive order on Friday, waiving key provisions that penalised countries buying Russian oil. President Trump stated the decision benefits the United States and the world.
Reactions
The decision drew sharp criticism from both Republican and Democratic lawmakers who recently passed the Graham Act. Senator Darline Graham criticized the exemption, saying she does not trust Russia or President Vladimir Putin. Senator Thom Tillis called the move beyond irresponsible and unconscionable. Senator John Cornyn stated that his late colleague Lindsey Graham would be appalled. Senator Elizabeth Warren accused President Trump of enabling President Putin's war and urged Congress to reverse the course.
Context
Sanctions and tariffs are economic tools nations use to influence foreign policies and protect domestic industries. Major legislative acts often include waiver clauses to give leaders flexibility during sudden energy crises or geopolitical shifts. Lawmakers frequently debate the balance between enforcing strict punitive laws and managing global market stability.
What changed since yesterday
- U.S. Grants Relief To India On Russian Oil Tariffs
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US defends 60-day sanctions pause to study global economic impact
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