Sanctions Against Russia
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President Trump wants to end the war in Ukraine quickly.This week, he falsely accused Ukraine of starting the war and made important concessions to Russia.
His advisers also met with counterparts from Moscow to revive the two countries’ relationship.One consistent demand from Russia is that the United States and other countries lift sanctions — a device that Trump already said he wants to use “as little as possible.”Washington led an international campaign for tough economic penalties after Russia invaded Ukraine in February 2022.
Dozens of countries have punished Russian banks, businesses and oligarchs.They froze $300 billion of Russia’s assets, barred it from much of the global financial system and restricted what it could buy and sell.How effective were those sanctions? Russia’s economy is stagnating, and inflation has spiraled.
Many products and parts are unavailable.More than a thousand foreign companies have limited their operations in Russia.Yet the war has persisted.
Now, Russia is pitching itself as a place where American companies can make money.In today’s newsletter, I’ll explain the debate about sanctions — and what Trump might do with them.What workedEconomic sanctions have become a common foreign policy tool in recent years.And no country uses them more frequently than the United States.
That’s not surprising.Once you rule out combat, there aren’t many options left.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.
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