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US ITSELF BUYING DIESEL FROM RUSSIA : FORMER DIPLOMAT FABIAN AFTER TRUMP WAIVES SANCTIONS UNDER LINDSEY GRAHAM ACT
Trump waives sanctions under Lindsey Graham Act, enabling US diesel purchases from Russia.
Context
What happened: President Trump waived sanctions under the Lindsey O. Graham Act, pausing duties of up to 100 per cent on goods from the five largest importers of Russian crude oil or gas, including India and China.
Why it matters: Fabian said the US cannot sanction India when Washington itself is buying Russian diesel, and called the tariff pretexts a way to get a favourable trade deal. The waiver comes amid a diesel deal with Russia as US diesel prices soar ahead of the November midterms.
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What changed
President Trump waived sanctions under the Lindsey O. Graham Act, pausing duties of up to 100 per cent on goods from the five largest importers of Russian crude oil or gas, including India and China.
Why it matters
Fabian said the US cannot sanction India when Washington itself is buying Russian diesel, and called the tariff pretexts a way to get a favourable trade deal. The waiver comes amid a diesel deal with Russia as US diesel prices soar ahead of the November midterms.