Contrary to what many Americans expect, Vladimir Putin's return to the Russian presidency need not cause a deterioration of relations between the United States and Russia. Many assume that Putin benefits politically from indulging anti-Americanism, and that in he's new presidential term, he'll pursue increasingly adversarial policies. This underestimates Putin's willingness to strike pragmatic deals with Western governments. Putin has had a longstanding interest in cooperating with America — so long as Russian interests are respected and acknowledged. It would be foolish to ignore this in the mistaken belief that the two countries are ideological or geopolitical foes.