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Trump faces six-day tariff deadline with no public notice

The Graham Act points to October 18 duties on covered Russian oil buyers unless President Trump sends Congress a waiver certification.

Mateo Fernandez
Trump faces six-day tariff deadline with no public notice

President Trump has six days to act on tariffs against major Russian oil buyers, with no public notice of targeted countries, rates or waivers before an October 18 deadline.

The Lindsey O Graham Sanctioning Russia and Iran Act says the president shall raise duties on all goods from covered countries to a rate of up to 100 percent ad valorem within 30 days of enactment, or by October 18. The law was signed on September 18 after passing the Senate 86-11 on August 7 and the House 262-159 on September 16.

October 18 oil-buyer duties

Section 113(g) says the president or the US Trade Representative must send relevant congressional committees a written justification not later than 10 days before imposing a duty. For October 18 duties, that date fell on or about October 8; no document has been made public by the White House, the Office of the US Trade Representative or the Treasury.

That does not prove Congress received nothing. The statute requires delivery to six congressional committees, not public release, and staff could have received a document without publishing it.

Seven senators led by Senate Foreign Relations Committee ranking member Jeanne Shaheen said Sunday that the administration had failed to consult Congress or submit an explanation on a related Russian diesel decision. The statement did not specify which reporting requirement senators said had been missed.

For commodities markets, the main channel is refinery demand. If Indian refiners make new Russian crude purchases on or after October 18 and India is deemed covered, tariffs on Indian goods could widen trade friction and redirect crude flows. If President Trump issues a waiver, the immediate market effect would likely turn on the written national-interest certification required before duties are suspended.

The next dated test is October 18, when coverage turns on new purchases and any duty, waiver or congressional notice becomes harder to keep outside public view.

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