President Donald Trump announced that the U. S. is ready to impose new energy sanctions on Russia, but only if all NATO countries stop buying Russian oil and agree to similar actions. He expressed this view in a social media post, emphasizing the need for a unified NATO response to pressure Russia regarding its war with Ukraine.
Recently, the U. S. has pushed NATO allies to implement stricter energy sanctions against Russia to help end the conflict. Trump has faced criticism for his approach, including setting two-week deadlines for Russia to de-escalate without resulting in significant action. A recent poll showed that a majority of Americans believe Trump is too close to Russia.
During a call, finance ministers from the Group of Seven nations discussed further sanctions on Russia and potential tariffs on countries that support its war in Ukraine. Energy revenues from oil and gas are crucial for Russia’s war funding, making them a central focus of sanctions, though experts warn that strong restrictions could raise global oil prices and affect Western economies.
In addition, Trump suggested that NATO should impose tariffs of 50% to 100% on Chinese imports to reduce China’s economic influence on Russia. He also raised tariffs on Indian imports due to its Russian oil purchases but avoided applying similar measures against China to maintain trade talks.
With information from Reuters