US Treasury Chief Scott Bessent Warns of Strong Measures on Russia as Trump Pushes ‘Second Phase’ of Sanctions

US Treasury Chief Scott Bessent Warns of Strong Measures on Russia as Trump Pushes ‘Second Phase’ of Sanctions

US Treasury Secretary Scott Bessent warned that Washington is prepared to take strong measures against Russia over its war in Ukraine. Speaking after meetings with EU sanctions envoy David O’Sullivan, Bessent said “business as usual has not worked,” while Trump signaled readiness for a “second phase” of sanctions targeting Russian oil buyers.

Trump Urges EU to Slap 100% Tariffs on China and India to Pressure Russia Amid Ukraine War

Trump Urges EU to Slap 100% Tariffs on China and India to Pressure Russia Amid Ukraine War

US President Donald Trump has urged the European Union to impose tariffs of up to 100% on China and India, the two biggest buyers of Russian oil. The request, conveyed during a meeting with EU sanctions envoy David O’Sullivan, reflects Trump’s push to pressure Vladimir Putin by targeting Moscow’s energy revenues. If adopted, it would mark a major shift in EU strategy from sanctions to tariffs.