What. The. Phuk.
The Trump Administration may lift sanctions on a major Russian company founded by one of Vladimir Putin’s top allies.
Treasury Secretary Steve Mnunchin told reporters during G-20 meeting of Finance Ministers last week, that the department may remove sanctions on Rusal, an international aluminum company that controls an estimated 6 percent of the global market that has long been controlled by Oleg Deripaska. Deripaska is a Putin confidant who has been implicated in suspected coordination between Moscow and Trump’s 2016 presidential campaign, but he has repeatedly denied involvement. As Reuters reported, the department is mulling the move in the wake of a sharp increase in aluminum prices that followed Trump‘s imposition of a 10 percent tariff on aluminum imports.
“The objective was to impact the oligarchs, not to impact the hardworking people of Rusal as a result of the sanctions,” Mnunchin told CNN, which reported the comments on Friday.
The Trump Administration may lift sanctions on a major Russian company founded by one of Vladimir Putin’s top allies.
Treasury Secretary Steve Mnunchin told reporters during G-20 meeting of Finance Ministers last week, that the department may remove sanctions on Rusal, an international aluminum company that controls an estimated 6 percent of the global market that has long been controlled by Oleg Deripaska. Deripaska is a Putin confidant who has been implicated in suspected coordination between Moscow and Trump’s 2016 presidential campaign, but he has repeatedly denied involvement. As Reuters reported, the department is mulling the move in the wake of a sharp increase in aluminum prices that followed Trump‘s imposition of a 10 percent tariff on aluminum imports.
“The objective was to impact the oligarchs, not to impact the hardworking people of Rusal as a result of the sanctions,” Mnunchin told CNN, which reported the comments on Friday.
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