Trump could trigger a financial crisis in Russia — if he wants to — but has backed off from his threat of ‘very severe consequences’

fortune.com/2025/08/16/trump-putin-summit-russia-oil-sanctions-financial-crisis-severe-consequences-ukraine-war-ceasefire

President Donald Trump and Russian President Vladimir Putin ended their meeting in Alaska on Friday without a ceasefire deal. Despite Trump’s earlier threat that Moscow would face “very severe consequences” if the summit didn’t produce an agreement, he said he would hold off on imposing…

This story appeared on fortune.com, 2025-08-16 17:30:07.
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