Why does Trump maintain again on punishing Russia and Putin?

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U.S. President Donald Trump shakes fingers with Russian President Vladimir Putin earlier than a joint information convention following their assembly at Joint Base Elmendorf-Richardson in Anchorage, Alaska, U.S., August 15, 2025.

Gavriil Grigorov | By way of Reuters

U.S. President Donald Trump has repeatedly mentioned he’ll punish Russia and President Vladimir Putin if Moscow does not come to the desk and conform to peace talks or a ceasefire with Ukraine.

Russia has proven no indicators of aspiring to do both, as an alternative persevering with and growing its assaults on Ukraine because it appears to consolidate beneficial properties on the battlefield.

And nonetheless, Trump is holding off on releasing an enormous bazooka of additional sanctions and financial punishment that might harm an already weakened Russia.

The rationale for the standstill is strategic and goes past Russia, in line with analysts, who warn the longer Trump holds off, the extra he is undermining his and the U.S.’ place.

“The Russian finances is definitely beneath lots of strain… so if there have been to be any extra important sanctions concentrating on Russian oil commerce from the U.S. — which they’ve talked about however not accomplished — that may put the finances beneath higher strain. It hasn’t occurred,” Chris Weafer, the chief govt of Moscow-based Macro-Advisory, informed CNBC Monday.

There have been two important components behind Trump’s reticence, Weafer mentioned: the president’s need to be seen as a peace-broker, and considerations over pushing Russia deeper into China’s orbit.

“Trump nonetheless thinks he can deliver either side to the desk, that he may dealer a peace deal, and that he can take credit score for shifting the battle in direction of peace. And taking into account that the announcement on the Nobel Peace Prize will are available early October, it is a issue, as a result of we all know the character of the of the person,” he informed CNBC’s “Squawk Field Europe.”

“The second motive … is there’s a sense that if Russia is defeated, if Russia is totally remoted by the West, and there is not any method again by way of partaking with the U.S. and Europe, then it has no alternative however to go even additional all-in with China, and that probably then would strengthen China’s place.”

Bringing Russia and Beijing nearer collectively would imply that the latter had “virtually limitless” entry to vitality assets, industrial supplies and to the Arctic, the analyst mentioned, noting that this might successfully block the U.S. from Russian-controlled elements of the Arctic.

It might additionally enable China higher entry to Russian army expertise, equivalent to stealth submarines, and additional alternatives in house exploration.

Officers in Washington have been involved about that, Weafer famous, including, “they do not need Russia to be basically a extra formal subsidiary of China. They need it to be extra within the center with engagement within the West. I believe that is one motive why they’re treading rigorously for now.”

CNBC has contacted the White Home for additional touch upon its technique towards Moscow and is awaiting a response.

Ukraine, in the meantime, has watched as Trump has let self-imposed deadlines to behave towards Russia cross, with Kyiv left crestfallen at perceived missed alternatives to strain Putin right into a ceasefire.

“Ukrainians had hoped that Trump’s August 8 deadline for Putin to simply accept a cease-fire would supply extra fixed air protection,” John Herbst, a former U.S. ambassador to Ukraine and the top of the Atlantic Council’s Eurasia Middle, mentioned in evaluation in August.

But, they have been disillusioned when Trump let Putin cross his August 8 deadline to finish the combating with out penalties. “As a substitute, Trump centered on summitry with Putin, which has but to yield Russian flexibility,” Herbst wrote.

“Now they’re gritting their enamel and, with lots of their European companions, ready for White Home officers to understand that Russia is enjoying them — and to take the robust measures that Trump promised if Russia continued its struggle on Ukraine,” he added.

China-Russia-India ties deepen

Beijing and Moscow’s leaders have been seen to be placing on a show of bonhomie on the twenty fifth Shanghai Cooperation Group summit on Monday. The SCO is being attended by 20 international leaders, together with Putin and Indian Prime Minister Narendra Modi.

In opposition to a backdrop of struggle in Ukraine, Trump’s tariffs and persevering with oil commerce, the most important economies of China, Russia and India have deepened their financial and political ties whereas their respective relations with the West have frayed.

Chinese language President Xi Jinping on Monday urged his fellow leaders attending the summit to strengthen their cooperation, and known as on them to reject what he known as a “Chilly Struggle mentality.”

In the meantime, Putin informed the SCO that his assembly with Trump in August had opened a path to discovering a technique to resolving the Ukrainian “disaster,” as he described the greater than three-year struggle. But he thanked Russia’s Asian allies for his or her help all through the struggle.

Russia’s President Vladimir Putin (entrance L) speaks with India’s Prime Minister Narendra Modi (C) and China’s President Xi Jinping through the Shanghai Cooperation Organisation (SCO) Summit in Tianjin on September 1, 2025.

Alexander Kazakov | Afp | Getty Pictures

“We worth the efforts and propositions to resolve the Ukrainian disaster of China, India and different strategic companions of ours. The mutual understanding that was reached at a latest Russia-U.S. summit in Alaska heads the identical path, I hope. It paves the best way to peace in Ukraine, I hope.”

Summits just like the SCO have been creating a brand new political and socio-economic ecosystem that might exchange the “outdated” Euro-Atlantic-centered energy mannequin, Putin mentioned.

This new system “would have in mind the pursuits of a most variety of international locations and could be really balanced,” which means “a system wherein one group of nations wouldn’t guarantee its safety on the expense of the others.”

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