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Source: Business Standard

Trump Seeks 60 Days to Assess Russia Sanctions Law Impact, Rubio Says

US President Donald Trump is taking a 60-day period to evaluate the economic consequences of imposing Russia-related sanctions and secondary tariffs, US Secretary of State Marco Rubio said. The announcement follows an executive order waiving penalties under the Graham Act, which included proposed 100 percent tariffs on top purchasers of Russian oil and gas, such as China and India. Rubio stated the pause is intended to study the broader repercussions on global energy markets and domestic industries.

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