US Secretary of State Marco Rubio said Saturday that President Donald Trump’s waiver of sweeping sanctions and tariffs on Russia would be a 60-day pause to “analyse” their impact on the global economy.
“The president wants to take the 60-day period of time to sort of analyse what imposing both sanctions and tariffs will mean to the global economy and even to the US economy,” Rubio said, noting that the economic restrictions involved some countries, not just Russia.
He said various conflicts were impacting global energy prices, including the US war on Iran and attacks on Saudi Arabia by Yemen’s Houthis.
“These conflicts around the world are starting to crash into each other, and they’re having an impact not just on global oil and diesel prices,” but on economies as well, Rubio said.
Trump said late Saturday his decision would benefit the US, though it was unclear if he had
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