In an interview with the WSJ, U.S. President-elect Donald Trump said he would keep intact sanctions against Russia "at least for a period of time," however, "if you get along and Russia is really helping us, why would anybody have sanctions?"
Trump also said he wouldn't commit to the "One China" policy until he sees progress from Beijing in its currency and trade practices, and won't label China a currency manipulator on his first day in office, but will rather "talk to them first."
"I think he accepts the findings," said Trump's incoming chief of staff Reince Priebus, referring to U.S. intelligence reports on Russian interference in the presidential election, adding that "actions may be taken."
Over the weekend, Trump tweeted that "having a good relationship with Russia is a good thing... Only 'stupid' people, or fools, would think that it is bad! We have enough problems around the world without yet another one."
"Having a good relationship with Russia is a good thing, not a bad thing. Only 'stupid' people, or fools, would think that it is bad! We have enough problems around the world without yet another one. When I am President, Russia will respect us far more than they do now and both countries will, perhaps, work together to solve some of the many great and pressing problems and issues of the WORLD!"
A top aide to President-elect Donald Trump said in an interview aired on Sunday that the White House may have disproportionately punished Moscow by ordering the expulsion of 35 Russian diplomats.
"One of the questions that we have is why the magnitude of this? Is that response in proportion to the actions taken? Maybe it was; maybe it wasn't but you have to think about that," incoming White House press secretary Sean Spicer declared.
Trump praised Vladimir Putin as "very smart" after he ruled out a tit-for-tat retaliation, but will investigate U.S. intelligence allegations that Russia was behind a cyber attack aimed at disrupting the 2016 presidential race.
In response to its alleged interference in the 2016 presidential election, the Obama administration unveiled new sanctions against Moscow on Thursday, while expelling 35 Russian diplomats and closing two Russian compounds in the U.S.
"It's time for our country to move on to bigger and better things," President-elect Donald Trump declared. "Nevertheless... I will meet with leaders of the intelligence community next week in order to be updated on the facts of this situation."
The Obama Administration has unveiled strong new sanctions against Russia in a response to charges of electronic attacks on political organizations including the Democratic National Committee.
Along with sanctions on Russia's two leading intelligence services, the U.S. is ejecting 35 Russian intelligence operatives from the country -- altogether the strongest American response to a state-sponsored cyber attack.
The U.S. has targeted four individuals and five entities with the sanctions, and closed two compounds in New York and Maryland. It's "not the sum total of our response," says President Obama.
The move has provided a goose to the broader market, as the S&P 500 has charged back to flat after spending most of the day in the dumps. The DJIA moved back up to the flat line as well.
The Obama administration is finalizing a package of sanctions and diplomatic censure to punish Russia for its attempts to meddle in the 2016 presidential election, U.S. officials told the Washington Post.
The measures are also expected to include covert cyber operations.
An announcement describing the public portions of the response could come as early as this week.
German police are still searching for the driver of the truck which ploughed into a Christmas market in Berlin after authorities released a suspect due to insufficient evidence. ISIS has claimed responsibility for the deadly attack.
Meanwhile, Turkey has detained six people over the assassination of Russia's ambassador and confirmed that the killing won't alter the countries recently improved relations.
Russian sanctions will hang over an EU-Ukraine summit in Brussels tomorrow as Donald Trump shapes his future relationship Vladimir Putin and puts in place a new American foreign-policy team.
With the penalties due to expire on Jan. 31, EU governments are likely to prolong the measures for another six months because the main condition for lifting them - ending the Ukrainian war - has not yet been met.