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The Independent UK
The Independent UK
National
David McHugh,Daria Litvinova and Katie Marie Davies

Trump and Putin hint at US-Russia trade revival, but business environment remains hostile

United States Russia Vladimir Putin Environment Chris Weafer Ukraine Oil Donald Trump Elina Ribakova European Union

Hundreds of foreign companies left Russia after the 2022 invasion of Ukraine, including major U.S. firms like Coca-Cola, Nike, Starbucks, ExxonMobil and Ford Motor Co.

But after more than three years of war, President Donald Trump has held out the prospect of restoring U.S.-Russia trade if there’s ever a peace settlement. And Russian President Vladimir Putin has said foreign companies could come back under some circumstances.

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