Donald Trump · Russia · Bitcoin · Federal Reserve (FED) · CryptoSlate
Trump waives new Russia tariffs as October 18 oil deadline arrives
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
President Donald Trump waived new Russia-linked duties in an October 16 order, keeping those additional tariffs from applying as October 18 arrives.
Key facts
- Researchers in BIS Working Paper 1219, published in October 2024, found that US monetary-policy tightening weakened crypto prices and reduced stablecoin market capitalization, while prime money
- President Donald Trump waived new Russia-linked duties in an October 16 order, keeping those additional tariffs from applying as October 18 arrives
- It specifies additional duties of 500% on Russian goods and 100% on goods from two country groups: the five largest Russian oil and gas importers that knowingly make new purchases on or after October
- CryptoSlate’s September 19 report framed October 18 as an implementation test and identified waivers as a possible limit on the shock
Summary
01 Trump’s October 16 order waives new Russia-linked duties before the October 18 condition for qualifying energy purchases. 02 The waivers have no fixed expiry, while specified earlier Russia-related executive-order sanctions and measures remain unaffected. 03 The waiver could ease one source of inflation and financing pressure on Bitcoin. The order implements the Lindsey O.