Trump orders not to apply sanctions against Russians under new law
The decree says that these exceptions do not apply to other existing US restrictions
WASHINGTON, October 17. /TASS/. US President Donald Trump has signed an executive order saying that sanctions against several Russian individuals and companies will not be applied as required by the law tightening anti-Russian restrictions.
The order, published on Friday on the White House website, says: "I hereby waive the application of the sanctions with respect to foreign persons and persons."
The law cited in the document relate to the restrictions on the top Russian leadership and Russian legal entities, including banks.
The decree says that these exceptions do not apply to other existing US restrictions.
On September 18, Trump signed into law a bill passed by Congress that provides for tightening sanctions against Russia’s top political and military leadership and state·owned companies. The law provides for a 500·% increase in duties on supplies from Russia, as well as a 100·% increase on supplies from countries that are key buyers of Russian energy.