President of the United States Donald Trump may announce new sanctions against the Russian Federation as early as July 14. According to Western media reports, the Trump administration is seriously considering the possibility of imposing strict secondary sanctions that could target not only Russia but also countries that purchase oil from it. This list may include China, India, and Turkey, among others.
This is reported by Finway
Significant Strengthening of Economic Pressure
The main idea behind the new initiative is to support a bill that proposes a 500% tariff on imports from any country that purchases Russian goods subject to US sanctions. In this way, the US administration could increase economic pressure not only on Russia but also on its key partners, making cooperation with the Russian Federation extremely unprofitable.
The reason for this approach is Trump’s dissatisfaction with Putin’s refusal to negotiate and the continued strikes on civilian targets in Ukraine. Previously, he referred to the bill as “too harsh,” but he has now stated that he is “carefully studying it.”
Possible Consequences for the US Economy and Ukraine’s Reaction
Analysts note that even partial implementation of such measures could significantly impact the Russian economy. At the same time, one of the main obstacles to making a decision remains the potential economic consequences for the United States itself amid prolonged economic instability.
Ukraine, for its part, hopes that the United States will announce new sanctions in sync with the 18th package of sanctions from the European Union, which would serve as an additional lever to compel Russia to cease its military aggression at sea, on land, and in the air.