US President Donald Trump on Friday stated that he was contemplating “large-scale banking sanctions, sanctions and tariffs” on Russia amid battle in Ukraine.

Asking each the warring nations to carry talks, Trump stated on his social platform Fact Social,”Based mostly on the truth that Russia is completely ‘pounding’ Ukraine on the battlefield proper now, I’m strongly contemplating massive scale Banking Sanctions, Sanctions, and Tariffs on Russia till a Stop Fireplace and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED. To Russia and Ukraine, get to the desk proper now, earlier than it’s too late. Thanks!!!” – President Donald J. Trump.”
Earlier, Treasury Secretary Scott Bessent stated the US received’t hesitate to go “all in” on sanctions on Russian vitality if it helps result in a cease-fire within the Ukraine battle.
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The US and European nations have already imposed intensive sanctions on Russia’s economic system, together with its banks, over its full-scale invasion of Ukraine simply over three years in the past.
Trump’s comment comes days after he paused all navy support to Ukraine following his conflict with Ukrainian President Volodymyr Zelensky final week.
“President has been clear that he’s targeted on peace. We want our companions to be dedicated to that objective as nicely. We’re pausing and reviewing our support to make sure that it’s contributing to an answer,” a White Home official advised Reuters.
Trump has upended the US coverage on Ukraine and Russia upon taking workplace in January. He has adopted a extra conciliatory stance in direction of Moscow – and after an explosive confrontation with Zelenskiy on the White Home, by which Trump criticized him for being insufficiently grateful for Washington’s backing within the battle with Russia.
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Russia-Ukraine battle updates
Russia on Friday focused Ukraine’s vitality infrastructure in a large-scale missile and drone bombardment through the night time, officers advised AP.
Ukraine got here beneath a “huge missile and drone” assault, its vitality minister Herman Halushchenko wrote on Fb. Not less than 10 individuals, together with a toddler, had been wounded, authorities stated.
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“Russia is attempting to harm extraordinary Ukrainians by putting vitality and gasoline manufacturing amenities, with out abandoning its objective of leaving us with out gentle and warmth, and inflicting the best hurt to extraordinary residents,” Halushchenko wrote.
Russia has repeatedly focused Ukraine’s energy grid through the battle. The assaults have depleted electrical energy technology capability and disrupted crucial heating and water provides. Ukrainian officers have accused Russia of “weaponizing winter” in an effort to erode civilian morale.