Russia, European Union and sanctions
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The Kremlin said on Friday that it did not believe that a tougher stance U.S. President Donald Trump has adopted towards Russia over its war in Ukraine means the end of U.S-Russia talks aimed at reviving their battered ties.
It comes after the US issued Russia with a 50-day ultimatum as it looks to bring the bloody war in Ukraine to an end.
KYIV, Ukraine — Russian President Vladimir Putin is “not ready for compromises” to end his brutal war, Ukrainian President Volodymyr Zelensky told The Post in an exclusive interview on Wednesday — but President Trump has the power to bring him to his knees by speeding up tough sanctions that could cause a “social explosion” in Russia.
The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry. The EU will set a moving price cap on Russian crude at 15% below its average market price,
The legislation, which would allow the president to levy a 500% tariff on imports from countries that purchase Russian uranium, gas and oil, has gained momentum in the Senate as Trump has signaled he will escalate US action against Russia.
As Russia delays peace negotiations with Ukraine, U.S. elected officials in Congress are considering a new sanctions bill to force Russia to end its war.
What exactly is this US sanctions threat on countries that trade with Russia, and how far can it impact India? We explain, in 3 points.
Trump’s sanctions on Russia would be ‘extremely painful’ for US and risk global oil price spike, experts warn - Trump has threatened 100% ‘secondary tariffs’ on likes of India and China, which experts