The key facts
- Rubio: sanctions against Russia also affect its trading partners, balance is needed
- Trump signed an executive order on October 17 waiving measures under the law on sanctions against Russia and Iran
- The White House intends to use the 60-day period to assess the consequences of the 'hellish sanctions' with tariffs of up to 500%
Rubio on seeking balance in sanctions policy
The US is trying to find balance on the issue of sanctions against Russia and tariffs toward its trading partners. This was stated by US Secretary of State Marco Rubio in an interview with CNBC TV18. According to him, sanctions 'carry consequences, since they are aimed not only at Russia but at everyone who does business with it,' so a balance has to be sought. Rubio also believes that many do not understand the consequences of such restrictive measures for third countries.
Trump's executive order and the 60-day period
On October 17, US President Donald Trump signed an executive order directing that the measures provided for by the law on sanctions against Russia and Iran not be applied. The document indicates that the American leader presented to Congress confirmation that such a decision is consistent with the national interests of the United States. Rubio stated that the head of the White House intends to use the 60-day period to assess the consequences of the 'hellish sanctions,' which provide for the introduction of tariffs of up to 500% on all goods imported from Russia.
Kyiv's reaction
Earlier, the head of Ukraine's Foreign Ministry expressed dissatisfaction with Trump's decision on the 'hellish sanctions.'
