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High hopes in Russia that Trump will ease trade sanctions

Among the many issues facing President-elect Donald Trump as he ascends to the nation’s highest office is world trade, including the complex trade dynamic between the West and Russia, which is still operating under the weight of the 2014 economic sanctions.

European Union foreign ministers met over the weekend to discuss the sanctions, which are up for renewal in January, when Trump will also be inaugurated as president. These sanctions have hit Russia’s economy hard after the West aimed to punish Moscow for its annexation of Crimea and intervention in Ukraine.

Source: High hopes in Russia that Trump will ease trade sanctions CBS

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