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Trump may support Russia sanctions legislation

Jul. 24, 2017 4:04 AM ETVGK, ADRU, FEZ, IEV, EZU, SPEU, RSX, EEA, EPV, HEDJ, RBL, UPV, ERUS, FEP, RUSL, RUSS, FEEU, DBEU, EURL, IEUR, HEZUBy: Carl Surran, SA News Editor37 Comments
  • Congressional leaders have reached agreement on a set of sweeping sanctions against Russia as punishment for interference in the 2016 U.S. election, engagement in Syria and the annexation of Crimea.
  • Press Secretary Sanders indicated Pres. Trump likely would support the bill, saying Sunday that original sanctions legislation "was poorly written but... we support where the legislation is now."
  • Meanwhile, the European Union could retaliate against U.S. sanctions on Russia, worried about potential harm to European energy deals; any significant retaliation would require the support of the EU’s 28 governments, and could face resistance from members such as the U.K. and Hungary.
  • ETFs: RSX, VGK, HEDJ, RUSL, FEZ, RUSS, ERUS, IEV, EZU, EPV, RBL, EURL, FEU, IEUR, DBEU, EEA, HEZU, FEP, FEEU, UPV, ADRU

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