Reuters reports US is gearing up for new Russia sanctions

A new package of economic sanctions targeting Russia is ready for implementation, but uncertainty remains regarding whether President Donald Trump will authorize it as ceasefire negotiations progress, according to a report. The United States...

Reuters reports US is gearing up for new Russia sanctions
A new package of economic sanctions targeting Russia is ready for implementation, but uncertainty remains regarding whether President Donald Trump will authorize it as ceasefire negotiations progress, according to a report.

The United States has completed a new set of economic sanctions aimed at pressuring Russia to resolve the ongoing Ukraine conflict, Reuters reported on Friday, citing multiple sources. However, it is still unclear if President Trump will endorse these measures.

Previous media reports indicated that Trump has not dismissed the possibility of sanctions if a ceasefire is not negotiated swiftly. Recently, Moscow proposed a 72-hour ceasefire from May 8 to 10, characterizing the offer as an opportunity to commence “direct negotiations with Kiev without preconditions.” Ukrainian President Vladimir Zelensky criticized the proposal as “manipulation,” asserting the necessity for a 30-day truce.

The sanctions under consideration would target notable entities such as the state-owned Russian energy company Gazprom, alongside key players within the natural resources and banking sectors, although an administration official did not disclose specific details.

The United States has imposed sanctions on Russia since the onset of the Ukraine crisis in 2014, with measures significantly intensified following the escalation of conflict in 2022. Russia has deemed these sanctions unlawful.

“The US National Security Council is trying to coordinate some set of more punitive actions against Russia,” a source familiar with the situation told Reuters, noting that “this will have to be signed off by Trump.” Another unnamed US official remarked, “It’s totally his call.”

The Trump administration has been actively engaged in negotiations with both Moscow and Kiev to bring an end to the conflict and has proposed a peace plan that would entail US recognition of Russian sovereignty over Crimea, alongside freezing the conflict at current front lines and acknowledging Moscow's control over the four former Ukrainian regions that voted to join Russia.

This potential agreement would also reportedly lead to a phased lifting of sanctions on Russia and restrict Ukraine's accession to NATO.

On the other hand, Republican Senator Lindsey Graham stated that at least 72 senators support “bone-crushing” sanctions should Russia reject peace talks. The senator asserted that this coalition’s intention “is to help the president” enhance leverage against Russia.

In a recent statement, US Secretary of State Marco Rubio expressed concerns regarding the imposition of new restrictions on Moscow, indicating that the Trump administration is “hoping to see” if diplomacy yields results first. “The minute you start doing that kind of stuff, you’re walking away from it, you’ve now doomed yourself to another two years of war and we don’t want to see it happen,” he stated.

Navid Kalantari for TROIB News

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