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
-
Invested Allies
Reports
The United States is seeking to strengthen its domestic capabilities and supply chain resilience in a number of sectors critical for its economic security, including semicondu...
By Geoffrey Gertz & Eleanor Hume
-
Stability Without Deterrence Doesn't Work, with Sara Schuman
Podcast
Sara Schuman joins Emily to debrief on the Trump-Xi summit. She explains why it's OK to have a summit that is light on deliverables, describes how China is viewing its relativ...
By Emily Kilcrease
-
Video
Middle East Security / Energy, Economics & Security
Trump Holding Off on New Iran Strikes After Gulf AppealPresident Donald Trump said he called off a strike on Iran after an appeal by the leaders of Persian Gulf allies, who called for more time to pursue a diplomatic resolution. C...
By Chris Kennedy
-
Does OPEC Still Matter?
Commentary
On April 28, the United Arab Emirates announced that it would leave OPEC, effective May 1 — ending nearly six decades as an OPEC member. In terms of oil production, it is the ...
By Rachel Ziemba
