- Category
- Latest news
Trump Eyes New Sanctions on Russia, Including Tariffs on Oil and Financial Sector
- Authors
![Photo of Cyril Barabaltchouk]( "Photo of Cyril Barabaltchouk")
-72b63a4e0c8c475ad81fe3eed3f63729.jpeg "Photo of Cyril Barabaltchouk")
US President Donald Trump has signaled growing frustration with Russian leader Vladimir Putin, suggesting that new, harsher sanctions on Russia are imminent, The Moscow Times reported, citing his interview with Fox News on September 12.
Trump indicated that his patience with Putin is quickly fading, and the US is preparing to target Russia’s financial and energy sectors more aggressively.
The proposed sanctions would include stringent measures against Russian banks, oil exports, and the imposition of tariffs.
Trump acknowledged that while he had previously increased tariffs on India—who has become a major buyer of Russian oil—this move had sparked tensions but was necessary to apply pressure on Russia.
While Trump is still unsure whether Putin is genuinely ready for peace, he also pointed out that Ukrainian President Volodymyr Zelenskyy has been hesitant to engage in negotiations.
“It takes two to tango,” Trump remarked. “When Putin wants to negotiate, Zelenskyy doesn’t. And when Zelenskyy is ready, Putin is not. Now, Zelenskyy wants to talk, but Putin’s stance remains unclear,” he said to Fox News.
In a shift, European leaders have reportedly successfully convinced Trump that the Kremlin is not yet willing to end the war in Ukraine.
According to Politico, Trump is now backing a more forceful approach, although there are still differing opinions between the US and the EU on how to proceed. The US has proposed imposing 100% tariffs on countries purchasing Russian energy, particularly targeting those within the G7.
Meanwhile, European officials have focused more on targeted sanctions against specific Russian banks and companies.
Trump’s administration has also suggested using frozen Russian assets held in the EU, estimated at around €200 billion, to fund Ukrainian assistance. Rather than just utilizing the profits from these frozen assets, the US has proposed that Europe begin confiscating the principal sum to directly support Ukraine, according to The Moscow Times.
Previously, it was reported that the United States is pressing G7 partners to target India and China with steep new tariffs on Russian oil purchases, aiming to cut off a key revenue stream for the Kremlin and push Moscow toward peace talks with Ukraine.
