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7/11/2025, 7:47:21 PM
>“The economic impacts of the bill are stark and sweeping,” said Ben Harris, vice president and the director of the Economic Studies Program at the Brookings Institution. He helped craft a previous attempt to curb Russian oil revenues while serving in the Biden administration.
>“Ultimately, there are only three plausible outcomes: a retreat by Russian forces, a meltdown in global energy markets or a worldwide recession owing to a tailspin in global trade,” Mr. Harris said. “There are no other outcomes. For this reason, the bill should be considered both courageous and risky.”
>But other analysts warn that it would take time for the bill’s penalties to hit Russia hard enough to force Mr. Putin to negotiate, and that Mr. Trump might not follow through with many of them. Most of the penalties on Russia are “unrealistic and will never be implemented,” predicted Janis Kluge, a Russia expert at the German Institute for International and Security Affairs.
>“The bill’s main achievement is keeping the conversation about new sanctions on Russia going, which is an important goal in itself,” Mr. Kluge said. “However, it will not be a game changer in the war, and European leaders should not pin too much hope on it.”
>“Ultimately, there are only three plausible outcomes: a retreat by Russian forces, a meltdown in global energy markets or a worldwide recession owing to a tailspin in global trade,” Mr. Harris said. “There are no other outcomes. For this reason, the bill should be considered both courageous and risky.”
>But other analysts warn that it would take time for the bill’s penalties to hit Russia hard enough to force Mr. Putin to negotiate, and that Mr. Trump might not follow through with many of them. Most of the penalties on Russia are “unrealistic and will never be implemented,” predicted Janis Kluge, a Russia expert at the German Institute for International and Security Affairs.
>“The bill’s main achievement is keeping the conversation about new sanctions on Russia going, which is an important goal in itself,” Mr. Kluge said. “However, it will not be a game changer in the war, and European leaders should not pin too much hope on it.”
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