A long-debated sanctions bill in response to Russian meddling in U.S. elections was signed into the other week by President Donald Trump. The bill provides a framework for the extension of sanctions to various other sectors of Russia’s economy; but perhaps more importantly, it makes the lifting of existing sanctions a much more difficult proposition—nearly impossible, if the long-standing Jackson-Vanik amendment, which was signed into law in 1974 and only repealed when the Magnitsky Act was approved in 2012, is any indication. How painful are these now probably semi-permanent sanctions for Moscow? More hurtful than you might think.There is a …read more
Source: The American Interest
