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US President Donald Trump: ‘I Am Strongly Considering Large Scale Banking Sanctions, And Tariffs On Russia’

Trump wrote on Truth Social, “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 Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED. To Russia and Ukraine, get to the table right now, before it is too late. Thank you!!!”

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US President Donald Trump has now threatened Russia with more banking sanctions and tariffs. He made the remarks, citing Russia’s intensified attack on Ukraine. Earlier, the US President had stopped military aid and shared an intelligence report with Ukraine. Trump’s move was criticized for backing Moscow. 

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Trump wrote on Truth Social, “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 Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED. To Russia and Ukraine, get to the table right now, before it is too late. Thank you!!!”

Earlier, US President Donald Trump had said that he had received a letter from Ukrainian President Volodymyr Zelenskyy on Tuesday.

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While Addressing a joint session of Congress, Trump had said that he appreciated the letter he received from Zelenskyy. He stated that his administration had serious discussion with Russia and they have strong signals that Moscow is ready for peace.

He had said, “Earlier today, I received an important letter from President Zelenskyy of Ukraine. The letter reads: ‘Ukraine is ready to come to the negotiating table as soon as possible to bring lasting peace closer. Nobody wants peace more than the Ukrainians,” he said. “My team and I stand ready to work under President Trump’s strong leadership to get a peace that lasts. We do really value how much America has done to help Ukraine maintain its sovereignty and independence. Regarding the agreement on minerals and security, Ukraine is ready to sign it at any time that is convenient for you.”

“I appreciate that he sent this letter, just got it a little while ago. Simultaneously, we’ve had serious discussion with Russia and have received strong signals that they are ready for peace. Wouldn’t that be beautiful? It’s time to stop this madness. It’s time to halt the killing. It’s time to end this senseless war. If you want to end wars, you have to talk to both sides,” he had added.

First published on: Mar 07, 2025 08:51 PM IST


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