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Trump’s Russia Tariff Waiver Lands as Bitcoin Market Keeps Its Eyes on the Fed

Trump’s Russia Tariff Waiver Lands as Bitcoin Market Keeps Its Eyes on the Fed

Photo: TheCoinrise

A 60-day review of sanctions relief on Russian oil arrives alongside heightened crypto focus on upcoming Federal Reserve decisions. President Donald Trump has waived new tariffs targeting Russian oil as a deadline set for October 18 came into effect, according to CryptoSlate. The waiver delays additional economic pressure tied to Russia's energy exports, a policy area that has repeatedly shaped global markets since sanctions first expanded after the invasion of Ukraine. Daily Sabah Business reported that the administration will conduct a formal assessment of the broader Russia sanctions waiver within 60 days.

Also reported by Coindoo.

Source: TheCoinrise

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