“100% Tariff? Not Today!” 😏 Trump Hits Pause on Proposed Duties for Russian Oil Buyers, Giving India Relief Ahead of the October 18 Deadline.

The United States temporarily waived proposed additional tariffs of up to 100% on goods from major buyers of Russian oil and gas via an October 16 executive order by President Trump, suspending specific duties under the Graham Act. The waiver, affecting India among others, preserves existing sanctions and allows continued monitoring and potential future action.