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Trump Signals Readiness for Phase Two Russia Sanctions as Treasury Seeks EU Cooperation
Trump Signals Readiness for Phase Two Russia Sanctions as Treasury Seeks EU Cooperation
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BTCCSquare news:
President TRUMP has declared phase two of sanctions against Russia is prepared, though details remain unspecified. This follows months of warnings without concrete action, as Trump maintained dialogue with Vladimir Putin. The announcement comes amid escalating violence, including Russia's largest air assault to date, which killed four and damaged a Kyiv government building.
Treasury Secretary Scott Bessent publicly urged EU support for secondary penalties targeting nations continuing to purchase Russian oil. The administration's hardened stance follows Trump's defense of existing measures, including 50% tariffs on Indian exports to the U.S. due to New Delhi's ongoing oil trade with Moscow.
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