February 02, 2017
Putin, don’t expect much from Trump's sanctions relief
Recent reports suggest that President Trump is preparing to roll back U.S. financial sanctions on Russia in order to improve bilateral relations. But such measures will not deliver any significant economic relief to Russia, and they could be undercut by Russia hawks in the U.S. Congress.
What’s more, sanctions relief could hurt some U.S. economic interests.
President Trump has offered little regard for the financial sanctions enacted by the Obama administration to target Russia’s territorial aggression in Crimea and Eastern Ukraine.
It would come as little surprise if he acts unilaterally to implement this policy, even without Moscow’s fulfillment of Minks commitments as demanded by European leaders and many in Congress. The sanctions Trump would abolish restrict Russia’s banking, energy, and defense sectors, and impose visa bans and asset freezes on Russian and Crimean individuals. They were carefully coordinated with Europe, and supplemented by the U.S. Congress.
Read the full article at The Hill.
More from CNAS
-
America First Trade Policy and Trump's First 100 Days
Podcast
Emily and Geoff dive in on the unfinished business Trump is inheriting and unpack what we learned from the America First Trade Policy executive memo. Plus we share a few thoug...
By Emily Kilcrease & Geoffrey Gertz
-
Sharper: Trump's First 100 Days
Commentary
Donald Trump takes office in a complex and volatile global environment. Rising tensions with China, the continued war in Ukraine, and instability in the Middle East all pose s...
By Charles Horn
-
Ziemba: Trump to Rely on Gulf Partners to Diffuse Tension
Video
After 15 months of fighting, ceasefire has taken effect between Israel and Hamas, ahead of President-elect Donald Trump's inauguration. Rachel Ziemba, Founder of Ziemba Insigh...
By Rachel Ziemba
-
Articulate a Clear Tariff Roadmap
Commentary
The administration should develop a tariff roadmap that defines and prioritizes the policy goals that tariffs are intended to advance.The administration should have specific, ...
By Emily Kilcrease
