President Donald Trump signed an order suspending Russia sanctions late Friday night. The White House said Trump cited national interest as the main reason.
The law, named for the late Lindsey Graham, targeted Russia's shadow fleet.
Tariffs reaching one hundred percent could hit China and India, major buyers. This measure marked Congress's first major step against Moscow since Trump returned.
Meanwhile, European Union leaders asked the Commission to propose Ukraine funding options. Belgium remains opposed to using frozen Russian assets held mostly at Euroclear.