Russia Tariffs: Paused, Not Gone

🔐ANALYSIS: The US waived new tariffs under the Graham Act, but businesses must stay alert to potential shifts in trade policy.

About this Analysis

The US administration has waived new tariffs and specified sanctions and restrictions under the Graham Act, pausing measures that could have imposed additional duties of up to 500% on Russian goods and 100% on goods from certain countries linked to Russian energy purchases or sanctions evasion. However, existing Russia-related sanctions remain in force, leaving businesses exposed to continuing compliance obligations and potential policy changes.

This Analysis helps trade compliance professionals and business leaders understand the commercial implications of the waiver, distinguish suspended measures from existing restrictions, and assess their exposure to future policy changes.

Across six sections, readers will examine the legal distinction between waived duties and continuing sanctions, identify potentially exposed trade flows, assess the implications for landed costs, sourcing strategies and commercial contracts, and apply a practical risk-management framework to strengthen compliance controls and prepare for possible policy reversals.

The central business question is not simply whether the new tariffs apply today. It is whether your sourcing, pricing, contracts and compliance controls can withstand a change in policy tomorrow.

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