Trump Waives Russia Sanctions as Zelenskyy Warns Move Will Intensify War
What’s happening
President Trump signed legislation passed by Congress imposing new sanctions on Russia but immediately waived virtually all restrictions, drawing sharp rebuke from Zelenskyy. The Ukrainian president called the move a "reward" for Putin and said it "seems wrong," while Russia intensified drone strikes on Ukrainian power plants in response.
Market impact
The waiver removes sanctions-driven upside for defense contractors and removes a key lever for US leverage over Russian energy prices. Russian equities and commodities may see temporary relief, though geopolitical risk premium persists given Ukraine's defiance. US allies reassess sanctions credibility.
Broader implications
Trump's unilateral sanctions reversal signals a fundamental shift in US-Ukraine alignment and weakens the Western sanctions regime. It raises questions about Trump's commitment to NATO allies and his willingness to use economic tools in future conflicts.
Sources (3)
The articles Pulse read to write this story- Zelenskyy says Trump's decision to waive new sanctions on Russia "seems wrong"CBS NewsStrong bearish −56
Trump's pause on Russia sanctions will intensify war in Ukraine, Zelenskyy warnsThe Guardian World NewsStrong bearish −80
Trump puts new Russia sanctions passed by Congress on hold amid deepening row with UkraineThe Guardian US NewsStrong bearish −62
Written by Pulse AI from the articles above. Always check the original reporting before acting on it.