Trump Waives Russia Sanctions, Drawing Bipartisan Backlash and Zelenskyy's Rebuke
What’s happening
President Trump has waived virtually all new Russia sanctions he previously signed, effectively refilling Moscow's coffers as it continues strikes against Ukraine. Ukrainian President Zelenskyy called the move a "reward" for Putin and warned it will intensify the war, while Congress members from both parties have pushed back against the decision.
Market impact
Energy markets will likely benefit from reduced sanctions pressure on Russian oil and gas exports, supporting crude prices. Shipping and logistics stocks tied to Russia trade could see upside; defense contractors face uncertainty over US military aid commitments to Ukraine.
Broader implications
The move signals Trump's pivot toward negotiation with Putin over containment, contradicting Congress's intent and alarming NATO allies. It raises questions about the durability of Western sanctions regimes and US commitment to Ukraine's sovereignty.
Sources (4)
The articles Pulse read to write this story- Trump faces bipartisan backlash over waiving Russia sanctionsCBS NewsStrong bearish −68
Zelenskyy says Trump's decision to waive new sanctions on Russia "seems wrong"CBS NewsStrong bearish −56
Trump Offers Putin Economic Relief in Hopes That Russia Will Return the FavorNew York Times BusinessNeutral 0
Trump's pause on Russia sanctions will intensify war in Ukraine, Zelenskyy warnsThe Guardian World NewsStrong bearish −80
Written by Pulse AI from the articles above. Always check the original reporting before acting on it.