US President Donald Trump’s envoys Steve Witkoff (second left) and Jared Kushner (left) have used potential multibillion-dollar deals to push Russian President Vladimir Putin (right) towards a peace deal in Ukraine. (Reuters pic)MOSCOW: Russia has deepened a crackdown on European companies in response to Europe's support for Ukraine, while largely sparing US firms as Moscow courts business ties with Washington, Russian officials and US business people said.
Of 20 foreign-owned firms that Russian president Vladimir Putin has placed under temporary administration since Donald Trump's inauguration as US president in January 2025, only three were linked to the US, with the remainder controlled by European companies, a Reuters analysis of official data shows.
