President Donald Trump has announced that he is considering imposing significant new sanctions and tariffs on Russia in response to its recent military actions in Ukraine. This development comes shortly after the U.S. paused military aid and intelligence sharing with Ukraine, aiming to pressure Kyiv into negotiating peace.
The proposed measures could target Russia's banking sector and include additional tariffs, with the intent of compelling Moscow to engage in ceasefire discussions and work toward a final peace agreement. Trump has urged both Russia and Ukraine to commence immediate negotiations, emphasizing the urgency of resolving the ongoing conflict.
In a related development, President Trump is planning a visit to Saudi Arabia, following a substantial investment agreement with Riyadh. This trip is part of broader efforts to reinvigorate peace negotiations between Russia and Ukraine. Trump has expressed that reaching a peace deal may be more straightforward with Russian President Vladimir Putin than with Ukrainian President Volodymyr Zelenskyy, despite the ongoing Russian assaults on Ukraine.
These considerations mark a significant shift in the U.S. administration's approach to the conflict, reflecting a strategy that combines economic pressure on Russia with diplomatic efforts to achieve a peaceful resolution.