Market Flux Event

Trump Waives Graham Act Russia Sanctions, Drawing Bipartisan Outrage and Zelenskyy Condemnation

Read this in the Market Flux app

President Trump invoked the Graham Act's national-interest waiver to suspend sweeping new sanctions on Russian goods and major Russian energy buyers just two days before the law's implementation deadline, signing an executive order Friday that declared the move "is in the national interests of the United States." The decision drew immediate bipartisan condemnation in Congress and prompted Ukrainian President Volodymyr Zelenskyy to call the waiver wrong and warn that it undercuts international pressure on Moscow.

Zelenskyy described the move as a "financial reward for Putin," arguing it would encourage Russia to continue its attacks on Ukraine. The waiver follows a separate, earlier easing of sanctions on Russian diesel exports, and a Russian envoy praised the decision while lawmakers from both parties pushed back. Trump doubled down, calling it a "very good decision."

The sanctions dispute is one of several controversies surrounding Trump in the same period. Reuters reported he declined to rule out declaring a national emergency related to the 2026 midterm elections, a prospect legal experts said could trigger litigation, confusion and certification delays. A Reuters investigation also found that Trump's moves to reverse what he calls politically motivated prosecutions carry risks for public accountability, according to former prosecutors and legal experts. European observers, including Euronews Brussels editor Maria Tadeo, have argued that Trump is scapegoating Zelenskyy ahead of the midterms for domestic political reasons.

© AI-generated summary is provided by Market Flux

Sources

  1. Osint613France FM puts out statement against Israel violence in the ‘West Bank’
  2. FirstSquawkDonald Trump’s indefinite waiver of Russia sanctions sparked bipartisan outrage in Congress, the AP reported.
  3. MoloWarMonitorThe Houthis released footage showing Yemeni air defenses shooting down a Saudi AH-6i attack helicopter near Najran. According to their statement, the aircraft was struck by a domestically produced SAM while operating near the border of Yemen.
  4. EuronewsThe incident is the latest in a growing series of drone incursions and incidents along NATO's eastern flank, many of which are believed to be spillover from Russia's war in Ukraine. #EuropeNews
  5. FINANCIERNEWSTrump Waives Sweeping New Russia Sanctions as Zelenskyy Calls Move Wrong and Warns It Undercuts Pressure on Moscow $BTC
  6. ReutersPresident Trump has said he is correcting politically motivated prosecutions. Former prosecutors and legal experts interviewed by Reuters see risks for public accountability. Here's what our full investigation found
  7. AhramonlineInfograph| France under pressure: Protests test government before 2027 vote
  8. Investingcom*MORE THAN 160 DETAINED AS PROTESTS SWEEP FRANCE 🇫🇷🇫🇷
Show 3 more
  1. WsjZelensky Takes a Risk by Publicly Confronting Trump Over Russia
  2. WarMonitor3Emmanuel Macron to address the French nation this evening regarding widespread riots.
  3. KalshiJUST IN: Secretary of State Marco Rubio says Trump will take up to 60 days to review the economic impact of his Russia sanctions waiver