Trump Signs New Order Targeting Russia And Iran– trendingpoliticsnews.com
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EXCERPT:
President Donald Trump has signed a sweeping new executive order establishing massive tariffs and sanctions targeting Russia and countries that help Moscow evade American restrictions, marking another major development in Washington’s efforts to confront foreign adversaries.
The order, signed Friday, October 16, implements the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, legislation Trump signed into law on September 18.
The measure establishes a framework for imposing tariffs of up to 500 percent on Russian imports while threatening additional penalties against countries purchasing Russian energy or helping Moscow circumvent existing sanctions.
However, the president also exercised his authority to temporarily waive the new penalties, leaving the administration with the ability to activate them at a later date.
Under the executive order, goods imported directly from Russia would face an additional 500 percent tariff. Countries identified among the five largest importers of Russian crude oil and natural gas could also face 100 percent tariffs on their goods if they knowingly make new purchases of Russian energy beginning October 18.
