Washington, DC: United States President Donald Trump is considering extensive banking sanctions and tariffs on Russia until a “ceasefire and a comprehensive peace agreement” with Ukraine is achieved. The statement was in response to the massive drone and missile attack on Ukraine’s energy and gas infrastructure on Thursday.
In a post on Truth Social on Friday, Trump wrote, “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,” he added.
Meanwhile, leaders of Ukraine and the US are going to meet leaders of Saudi Arabia to discuss a framework for ending Russia’s war. The meeting is expected to be held next week, Al Jazeera reported.
On Thursday, Zelenskyy announced his plans to visit Saudi Arabia on Monday for discussions with Crown Prince Mohammed bin Salman, followed by talks with US representatives. US envoy Steve Witkoff also confirmed his participation in meetings with Ukrainian officials in Saudi Arabia, indicating that the agenda would include discussions on an “initial ceasefire” and a “framework” for a more extended agreement, according to Al Jazeera.Saudi Arabia’s Ministry of Foreign Affairs said the talks would take place in the Red Sea city of Jeddah.
Notably, after a fiery exchange with his Ukrainian counterpart, Volodymyr Zelenskyy, on March 1, Trump suspended military aid and intelligence sharing with Kyiv.
Trump used some strong words during his media interaction with Zelenskyy, telling the visiting leader that he “does not have the cards” and is not “acting thankful” for the support the United States has provided to Ukraine in its war with Russia, which began in February 2022.
In the explosive media interaction with Trump, Ukraine’s President had emphasised the need for security guarantees and noted that the Russian President Vladimir Putin had continued with his actions against his country even during Trump’s first term as President.
US Vice President JD Vance voiced his disagreement with Zelenskyy’s comments, stating that it is “disrespectful to enter the Oval Office of the United States and criticize the administration that is working to save your country from destruction.” Trump highlighted the importance of reaching an agreement to achieve peace and stop the violence, telling Zelenskyy, “if you didn’t have our military equipment, this war would have concluded in two weeks.”
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