In reversal, Trump arms Ukraine and threatens sanctions on countries that buy Russian oil
U.S. President Donald Trump announced new weapons for Ukraine on Monday, and threatened sanctions on buyers of Russian exports unless Russia agrees a peace deal, a major policy shift brought on by frustration with Moscow’s ongoing attacks on its neighbor.
But Trump’s threat of sanctions came with a 50-day grace period, a move that was welcomed by investors in Russia where the rouble recovered from earlier losses and stock markets rose.