In a bold move, US President Donald Trump has signaled his intent to impose sweeping banking sanctions and tariffs on Russia as the conflict in Ukraine intensifies.
Taking to his Truth Social platform on the 7th of March, 2025, Trump made it clear that these economic measures would remain in force until a ceasefire is established and a definitive peace agreement is reached.
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“Based on the fact that 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 Ceasefire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED,” Trump stated.
His remarks suggest a significant shift in policy, potentially increasing pressure on Moscow while shaping the global response to the ongoing war.