Trump to Cancel Some Sanctions

Summary

President Trump stated he will lift some sanctions until the situation becomes clearer Zhitong. This follows recent comments where he has repeatedly linked the lifting of sanctions on Russia to the end of the conflict in Ukraine and has used the possibility of lifting sanctions on Iran as leverage for concessions on its nuclear and missile programs . This approach is part of a broader strategy where Trump asserts strong presidential authority over tariffs and sanctions to negotiate deals Sina Finance.

Impact Analysis

This is classic Trump playbook—using sanctions as a carrot and stick to force a deal. The vagueness of “lifting some sanctions” is intentional; it’s a negotiation signal aimed squarely at Russia and Iran . He’s been floating this for weeks, tying sanctions relief for Russia to an end to the Ukraine war and for Iran to nuclear concessions . This isn’t a dovish pivot; it’s transactional diplomacy that injects massive volatility. The market might see this as simple de-escalation, but the real play is on the binary outcome of these negotiations.

Bottom line: this increases the odds of both a surprise peace deal and a sudden escalation if talks fail. The trade isn’t to go long risk assets, it’s to go long volatility. I’d look at buying straddles on oil or major defense ETFs. He’s creating a scenario where a big move is likely, we just don’t know the direction yet.