President Donald Trump has threatened to impose sanctions and tariffs on Russia until a ceasefire and peace agreement is reached with Ukraine.
On his Truth Social platform 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.”
He urged both Russia and Ukraine to engage in immediate negotiations, warning, “Get to the table right now, before it is too late.”
Trump has repeatedly stated his aim of serving as a “peacemaker” and “mediator” between Russia and Ukraine, the latter of which has been fending off a full-scale invasion since February 2022.
Speaking at an economic update, Trump was asked whether he still believes Russian President Vladimir Putin is committed to peace. He responded, “I think we’re doing very well with Russia. But right now, they’re bombing the hell out of Ukraine.”
He expressed frustration over negotiations, stating, “I’m finding it more difficult to deal with Ukraine,” and suggesting that securing a final peace deal might be “easier to deal with Russia, which is odd, as they have all the cards.”
Looking ahead to next week’s diplomatic meeting in Saudi Arabia, Trump reiterated his willingness to assist Ukraine but stressed the urgency of reaching a resolution.
“They have to get on the ball, to get the job done,” he said.