Trump Waives Many Russia-Related Sanctions, Tariffs In Relief For India, China - NDTV

President Donald Trump issued an executive order that temporarily lifts a series of sanctions imposed on Russian entities after the invasion of Ukraine. The order also suspends certain tariff measures that were applied to goods originating from or transiting through Russia, which had inadvertently raised costs for Indian and Chinese exporters that rely on Russian supply chains. The waiver is framed as a step to ease the burden on global markets while maintaining pressure on Moscow through targeted measures.

India and China have both reported higher import prices and slower growth in sectors such as energy, fertilizers, and raw materials due to the earlier sanctions. By removing these barriers, the United States aims to restore smoother trade flows, allowing Indian manufacturers to secure cheaper inputs and Chinese firms to maintain competitive pricing for products destined for the American market. Analysts note that the relief could help stabilize inflationary pressures in both countries, which have been a concern for policymakers.

The decision has drawn mixed reactions domestically and abroad. Critics argue that easing sanctions may undermine the broader strategy of isolating Russia, while trade groups welcome the immediate economic benefits. Observers will be watching how long the waiver remains in effect and whether it will be extended or replaced by new measures as diplomatic negotiations evolve.