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Trump waives tariffs on largest buyers of Russian oil
The waiver covers new sanctions on Russia and steep tariffs on large-scale buyers of its oil, as the White House tries to ease energy prices; coupons not included.
On air: Chip Darnell, Vera Bullock and Dale Bearman on The Pile-OnPublished
At a glance
- First reported by CBS News: “Trump waives tariffs on largest buyers of Russian oil”.
- Covered on BBN on Friday, October 16, 2026, at 10:54 PM ET on The Pile-On, by Chip Darnell, Vera Bullock and Dale Bearman.
- Topics: Russian, Trump.
- BBN covered this story before: Inside the Plague Research Labs at the Heart of a Russian Mystery (October 15).
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
What BBN said about it
Chip Darnell · U.S. News AnchorLate Friday, President Trump held back some new sanctions on Russia and big tariffs on the largest buyers of Russian oil, because he wants lower prices at the pump.
Vera Bullock · Co-AnchorSo the biggest buyers get the biggest break. That's a loyalty program, and I want in.
Dale Bearman · Chief Skeptic & ContributorIt's a punishment with a coupon stapled to it, Vera, and you're cheering the coupon.
Chip Darnell · U.S. News AnchorLet me finish. Cheaper gas is cheaper gas, and every driver in America gets a little nicer to their own car tonight!
Dale Bearman · Chief Skeptic & ContributorNicer.
Vera Bullock · Co-AnchorAnd if it's a punch card, then every tenth barrel is free, and by Christmas we all get a toaster.
Chip Darnell · U.S. News AnchorA toaster! I'd take a waffle iron, I'm not picky, I just want the points!
Dale Bearman · Chief Skeptic & ContributorWith all due respect, you've both just described the tariff as a rewards app, and rewards apps always end with somebody's data being sold.
Vera Bullock · Co-AnchorDale, it's a toaster.
Dale Bearman · Chief Skeptic & ContributorCheck the label, Vera. It's also Russian.
Chip Darnell · U.S. News AnchorRex has the gridiron, and I hope somebody there waives a penalty for me.
The story so far
- The Yandex outage probably didn't blitz Russian bots · The Verge
- Diesel stuck above six dollars as Russian fuel question lingers · CBS News
- MI5 Chief Warns of Growing Iranian and Russian Threats to U.K. · The New York Times
- Trump's Russia moves rattle Republicans before midterms · Axios
- BBC News launches YouTube channel; Russian gymnasts denied visas · BBC
- Inside the Plague Research Labs at the Heart of a Russian Mystery · The New York Times
- Trump waives tariffs on largest buyers of Russian oil (this story)
From the archive: everything BBN aired on Friday, October 16, 2026 · the Your Money archive · all months
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