US President Donald Trump has announced he is "strongly considering large-scale sanctions" and tariffs on Russia. The proposed measures aim to pressure Russia into agreeing to a ceasefire and peace deal with Ukraine. Trump revealed this potential strategy during a statement in the Oval Office on Friday, marking a significant shift in his approach towards the conflict.
Previously, Trump had expressed admiration for Russian President Vladimir Putin and criticized Ukraine's leadership for allegedly not seeking peace. However, his recent comments signal a notable change in tone. The US has currently halted all military aid and intelligence-sharing with Kyiv, with Trump stating, "Russia is absolutely 'pounding' Ukraine on the battlefield right now."
"I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED." – Donald Trump
Despite these declarations, Trump later indicated the complexity of the situation. He told reporters it was becoming increasingly challenging to negotiate with Ukraine and reiterated his trust in Putin. He justified the US stance by expressing doubts about Ukraine's willingness to settle the conflict.
"I want to know they [Ukraine] want to settle and I don't know they want to settle." – Donald Trump
The timing of Trump's announcement raised questions about whether it influenced Russia's recent large-scale missile and drone attack on Ukraine's energy infrastructure. The White House faced criticism for seemingly directing pressure for a peace agreement solely at Ukraine rather than Russia.
Meanwhile, Russia remains under unprecedented Western sanctions, many targeting its oil exports and foreign currency reserves. To circumvent these restrictions, Moscow is selling discounted oil to India and China and sourcing goods through countries like Kazakhstan. Additionally, reports suggest China is supporting Russia's war efforts with dual-use technology, though China denies these claims.