President Donald Trump is reportedly weighing the implementation of “large-scale” banking sanctions and tariffs on Russia, aiming to pressure the nation into a ceasefire and a “final settlement agreement on peace.” The proposed measures would remain in effect until Russia agrees to halt its military actions in Ukraine and reach a comprehensive peace deal.
Sources suggest that Trump’s strategy seeks to intensify economic pressure on Russia, which has faced a series of sanctions from the international community since its invasion of Ukraine. These new sanctions could target key sectors of Russia’s economy, particularly its banking and trade networks, as the U.S. looks to bolster efforts for a peaceful resolution.
Trump’s consideration of these sweeping economic penalties comes at a time when global tensions remain high, with calls for stronger actions against Russian aggression continuing to grow. While specifics of the proposed sanctions are still under review, the move signals a potential escalation in the ongoing geopolitical standoff.
The situation is developing, with further statements expected from Trump’s office on the matter.
President Trump Picture on Flickr by Gage Skidmore CC BY SA 2 0