There are still many questions about what to expect from the Trump administration’s approach to ending Russia’s war in Ukraine. With some in Congress questioning continued military aid and loans for Ukraine, the application of economic statecraft measures —such as sanctions, export controls, and tariffs — could be used more aggressively to push for Russia’s withdrawal.
Sanctions were a key tool in the first Trump administration’s foreign policy strategy. However, we’ve heard little about how a second-term Trump administration plans to leverage them. Recently, U.S. President Donald Trump warned Russian President Vladimir Putin that new tariffs and sanctions would be imposed on Moscow if it didn’t reach a deal to stop the war. With so many rounds of sanctions already imposed by the United States and its broad multilateral coalition, what options remain?
Two…
