United States President Donald Trump stated Friday that he is considering imposing massive sanctions on Russia in response to its intensified attacks versus Ukraine.I am strongly considering massive Banking Sanctions, Sanctions, and Tariffs on Russia till a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED, Trump composed on Truth Social.To Russia and Ukraine, get to the table today, before it is far too late, he added, citing Russias ongoing barrage of Ukraine.Trumps statement came hours after the Russianmilitary launched an over night missile and drone attack on Ukraines energy and gas infrastructure.National Economic Council Director Kevin Hassett later recommended that Trumps danger was part of a diplomatic strategy.President Trump is adamant that we need to get everybody to the table.
And we could do that with carrots, and we can do that with sticks.
And hes talking to everybody, Hassett informed reporters.The risk of fresh sanctions versus Russiasent the Moscow Stock Exchange (MOEX) down more than 1%, closing at 3,176 as of 6 p.m.
Moscow time.Since taking workplace in January, Trump has sought to bring a rapid end to Russias three-year war on Ukraine.
He has yet to lay out a concrete strategy for how he means to broker a peace settlement in between the two warring sides.At the exact same time, Trumps relationship with Ukrainian President Volodymyr Zelensky has grown increasingly strained, culminating in a tense White House meeting last Friday, throughout which the United States president stated Ukraine was gambling with WWIII.Following that conference, Trump purchased a pause in military aid and intelligence sharing with Ukraine, saying thatZelensky is not all set for Peace if America is involved.Meanwhile, Washington has actually sought to bring back ties with Russia and arrange a meeting with President Vladimir Putin to press for peace talks.
Putin, however, dismissed the idea of making concessions.Were not going to do that, the Kremlin leader said Thursday after a fallen soldiers mom urged him to see it through on the battlefield in Ukraine.We need to pick a peace that suits us and guarantees long-term security for our country.
We dont need anyone elses, but we wont quit ours, Putin said.AFP contributed reporting.