Trump blocking Russia sanctions a 'historic moment: Putin’s envoy
· World · The Hindu, Times of India, France 24
U.S. President Donald Trump signed an executive order waiving sweeping U.S. sanctions and tariffs targeting Russia's energy revenues, two days before they were due to take effect. Russian Presidential Envoy Kirill Dmitriev called the suspension of the Lindsey Graham Act a historic moment that prevented serious damage to the U.S. economy and global markets. The move coincides with a clash between Donald Trump and Ukrainian President Volodymyr Zelenskyy, stoking speculation that the U.S. leader is increasingly siding with Moscow. The Kremlin and Russian President Vladimir Putin have not yet reacted publicly to the waiver, which marks a major diplomatic win for Moscow. The Lindsey Graham Act targeted Russia's energy and defence sectors as well as Putin and other senior officials.
Why it matters
The decision provides a major diplomatic and economic boost to Russia by shielding its energy revenues from American sanctions, while heightening tensions with Ukraine and its European allies.
Read the original report — The Hindu
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.