After Pain Hits Europe US Backtracks, Says May Ease Russia Aluminium Sanctions
That didn't take long: just one day after we reported that "in a surprise twist", most of Europe was pushing the Trump administration to ease Russian sanctions due to growing concerns of stagflation and outright recession should supply chains remain crippled, on Monday morning the US appears to have caved, and in a notice the Treasury announced it would provide sanctions relief to the world's largest aluminum maker outside of China, United Co.