Trump Refuses To Impose New Sanctions On Russia

Following an expected Monday release of a list of "corrupt Russian oligarchs" by the US Treasury Department, the Trump administration notified Congress that legislation passed last year authorizing new Russia-related sanctions was sufficiently "serving as a deterrent," and no action would be taken against those on the list, nor those doing business with the blacklisted entities according to a State Department spokesperson. 

a

"Given the long timeframes generally associated with major defense deals, the results of this effort are only beginning to become apparent. From that perspective, if the law is working, sanctions on specific entities or individuals will not need to be imposed because the legislation is, in fact, serving as a deterrent," the spokesperson said.

That said, the State Department also said that foreign governments and private sector entities are "on notice ... that significant transactions with listed Russian entities will result in sanctions."

    The list was created pursuant to an August 2017 law requiring the Treasury and State Departments identify officials and oligarchs as determined by "their closeness to the Russian regime and their net worth" in order to penalize the Kremlin for its alleged meddling in the 2016 election. The law allows President Trump to postpone sanctions on people or entities if he determines they are in the process of reducing or ending their involvement with Russia's defense or intelligence industries - as long as Congressional committees are notified every six months that that progress has been made. 

    Trump's decision has already drawn criticism from opponents and Russia hawks, as the move could be determined as a handout to the country which helped Trump win the election - as that narrative goes.

    "I'm fed up waiting for this administration to protect our country and our elections," said Rep. Eliot Engel, the top Democrat on the House Foreign Affairs Committee, adding "They've now shown us they won't act, so it's time for Congress to do more."

    "The Trump administration had a decision to make whether they would follow the law and crack down on those responsible for attacking American democracy in 2016 ... They chose instead to let Russia off the hook yet again. The State Department claims that the mere threat of sanctions will deter Russia's aggressive behavior. How do you deter an attack that happened two years ago, and another that's already underway? It just doesn't make sense." -Eliot Engel

    Trump was reluctant to sign the August 17 legislation which called for the creation of the "corrupt oligarchs" list, as the new laws limit the President's ability to undo sanctions imposed by the previous administration. 

    The president, who sought to change CAATSA while it was being written, sharply criticized the law while signing it in August.

    “By limiting the executive’s flexibility, this bill makes it harder for the United States to strike good deals for the American people, and will drive China, Russia, and North Korea much closer together,” Trump said in a statement at the time.

    The State spokesperson said Monday that some of the senior most State Department officials and other U.S. authorities have privately and publicly dangled the threat of sanctions over both foreign governments and other entities for their dealings with listed Russian entities. -The Hill

    "Since the enactment of the CAATSA legislation, we estimate that foreign governments have abandoned planned or announced purchases of several billion dollars in Russian defense acquisitions," said State Department spokeswoman Heather Nauert.

    Trump's decision on sanctions was being watched closely by Moscow on Monday, according to Eurasia Group director Alex Brideau. "Wealthy Russians are reported to be lobbying heavily in Washington, seeking legal advice regarding their foreign investments," said Brideau, adding that they were "trying to distance themselves from the Kremlin."

    Amusingly, the Kremlin has pointed the the sanctions as a "direct and obvious attempt" by the United States to interfere with Russia's upcoming presidential vote in March. 

    "We do think that this is a direct and obvious attempt to time some sort of action to coincide with our elections in order to influence them," Kremlin spokesman Dmitry Peskov told journalists on a Monday teleconference. "We disagree with this, and we are sure this will have no influence."

    We're sure the Kremlin isn't too worried about election influence, however - after the Kremlin disqualified one of Putin's top rivals, Alexei Navalny, for a fraud conviction December, who was just arrested at a Moscow anti-corruption demonstration on Sunday.

    Tags

    Comments

    Parrotile stizazz Tue, 01/30/2018 - 02:59 Permalink

    Probably Trump has noticed that the effect of sanctions has been to make Russia more resilient, and MUCH less dependent on ANYTHING from the USA (they "used to import" a lot of things, e.g. Cummins engines - now they use their own product).

    The EU "Allies" are suffering too - lots of EU trade was with Russia, now that trade has relocated eastwards, and it'll take a LOT of friendly overtures (read BIG investment, NO strings attached) to entice Russia back. 

    Maybe "NATO" withdrawing to the agreed lines post Cold War, along with the US / EU rebuilding Ukraine, might be a move in the right direction?

    In reply to by stizazz

    Jack Oliver Billy the Poet Tue, 01/30/2018 - 05:04 Permalink

    There is no FUCKING way that it is ‘winding’ down ! 

    This is just another move in the attempt to boycott or disrupt the World Cup in June !! 

    Russia being ‘showcased’ to hundreds of millions around the world - would spell total FUCKING disaster for the ZWO !! 

    The Zio/US will do ANYTHING to prevent the World Cup taking place !! 

    You can take that to the BANK !!! 

     

    In reply to by Billy the Poet

    Fed-up with be… The First Rule Tue, 01/30/2018 - 01:57 Permalink

    First, FR, the very first rule is that they MUST USE whatever Narrative Seems to be sticking, and it has been Russia.  I am ashamed to admit it but I have so called FRIENDS who are buying every last word of it.

     

    Sick to my stomach to admit this.   These are relatively smart guys,and I am always amazed as to how people buy off on that MSM news shit.

    In reply to by The First Rule

    zorba THE GREEK Mon, 01/29/2018 - 23:03 Permalink

    It looks like Trump is gaining enough confidence to go against the insiders pressure on him. Once he gets the FBI and DOJ off his back, he can start pushing back at the neocoms who are trying to control him. Good luck Donald, may the wind be behind your back, and the Good Lord at your side

    newmacroman Mon, 01/29/2018 - 23:37 Permalink

    So Putin has a sit down with Nety and shortly after Trump goes easy on Rooskie business.

    Perhaps Putin told Nety to butt out or a Topol M or 2 would be shoved up his ass?

    I have said for a long time Putin is the only real statesman in the world now and deserves no bells.

    soyungato Mon, 01/29/2018 - 23:42 Permalink

    " Amusingly, the Kremlin has pointed the the sanctions as a "direct and obvious attempt" by the United States to interfere with Russia's upcoming presidential vote in March. "

    Tyler ,that was the first thought entered my mind and I am amazed you of all people think it is amusing. How much they are paying you these days.

    PeterLong Tue, 01/30/2018 - 00:20 Permalink

    I still don't understand what Russian "meddling", hacking, and interfering with our sacred elections these people are talking about. Maybe I will find a link that spells it all out?

    napper Tue, 01/30/2018 - 03:09 Permalink

    The fact of the matter is that all those sanctions against Russia have failed -- they have hurt America far more than Russia.

     

    It's not like we have the best brains on the planet right now. When was the last time any official from the US government made a good move on anything significant?

     

    We've got a bunch of imbeciles in Washington DC and Wall Street making so-called strategies.

    Brazen Heist Tue, 01/30/2018 - 03:24 Permalink

    "we estimate that foreign governments have abandoned planned or announced purchases of several billion dollars in Russian defense acquisitions"

    Uncle Scammer reveals his true motives.

     

    free corn Tue, 01/30/2018 - 04:43 Permalink

    Obviously US Treasury Department, and Trump administration have nothing better to do but to compile a list of corrupt Russian oligarchs against whom  no action would be taken. MAGA!

    As Russians say - A fart in the pool.