The American administration has beautifully demonstrated its commitment to international pressure by formally deciding not to apply any. President Donald Trump signed an executive order on Friday waiving every operative Russia section of the sanctions law named after the late Senator Lindsey Graham, two days before its first measures were due to take effect on 18 October. Gone are the planned tariffs on Russian goods and on the biggest buyers of Russian oil and gas; only the sanctions that already existed remain.

It is the second Russia waiver in as many weeks, after Washington exempted Russian diesel from sanctions until April 2027 to ease a fuel squeeze caused by the war with Iran. The bureaucratic maneuvering is spectacular in its transparency. Congress spends months carefully crafting a sweeping economic deterrent, the president signs it in September, and it goes neatly on a shelf the moment the domestic price of diesel becomes a mild political inconvenience.

The global diplomatic community is now invited to pretend that writing down a list of financial punishments is exactly the same thing as imposing them. Zelensky called the move a financial reward for Putin, Republican senators called it a mistake and beyond irresponsible, and the Kremlin's envoy called it historic. The system functions flawlessly, protecting the sacred right of motorists to affordable commuting above all other earthly concerns.

What actually happened

  • On Friday 16 October 2026 Trump signed an executive order waiving every operative Russia section of the Lindsey O. Graham sanctions law, including tariffs on Russian goods and on the top buyers of Russian crude and gas; the measures were due on 18 October.
  • Existing Russia sanctions under earlier executive orders stay in place. Earlier, Washington had waived sanctions on Russian diesel until April 2027.
  • Zelensky called it a financial reward for Putin; Senators Thom Tillis and Ted Cruz criticised the waiver; Kremlin envoy Kirill Dmitriev called it historic.
  • Sources: CNBC, NBC News, ABC News