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
-
Happy Summer from Derisky Business!
While Derisky Business goes on summer break, revisit your favorite episodes of the podcast and dive into the Summer Reading List, featuring book recommendations from previous ...
By Emily Kilcrease & Geoffrey Gertz
-
The Derisky Business Reading List
While Derisky Business goes on summer break, revisit your favorite episodes of the podcast and dive into the Summer Reading List, featuring book recommendations from previous ...
-
Transatlantic Security / Energy, Economics & Security
From Russia with RiskHere on the Bear Market Brief, a lot of what we focus on is, simply put, risk: what might happen, and what might it mean? On this episode, Rachel Ziemba, an adjunct senior fel...
By Rachel Ziemba
-
Richard Nephew on the U.S. military strikes on Iran’s nuclear program
Richard Nephew, expert on sanctions and Iran’s nuclear program, joins Emily and Geoff to discuss the long history of U.S. policy towards Iran, the role of sanctions in constra...
By Emily Kilcrease & Geoffrey Gertz