A significant “Putin pivot” may be underway in Washington, as the US considers a strategy of economic re-engagement with Russia to achieve its diplomatic goals. This potential shift is happening as the administration lowers the boom on India for its own Russian ties.
The pivot involves a move away from a policy of pure economic isolation towards one of strategic incentives. By discussing the return of Exxon Mobil and other energy deals, the US is signaling a new willingness to use economic partnership as a tool to influence President Vladimir Putin’s decision-making on Ukraine.
This re-engagement strategy is a high-stakes gamble, predicated on the idea that economic carrots will be more effective than sticks in achieving a peaceful resolution.
This pivot towards Moscow is creating a jarring contrast with the administration’s policy towards India. The imposition of 50% tariffs shows that the stick is still very much in use, just directed at an ally rather than the adversary the US is now trying to court. This highlights a major and potentially risky reorientation of US foreign policy.