US Treasury Secretary Scott Bessant has officially confirmed that the United States is ready to increase pressure on Russia, but it is extremely important that European leaders do the same.
Points of attention
- US emphasizes the necessity of European support for further sanctions and tariffs on countries purchasing Russian oil, aiming for significant economic impact on Russia.
- Efforts are underway in Brussels and Washington to implement more economic measures to compel Russia to cease hostilities and aggression in Ukraine.
The US has announced its position
The new decision of the American authorities was reported by Alan Rapoport, an economic policy reporter at The New York Times.
According to him, Scott Bessant stated the following:
We are ready to increase pressure on Russia, but we need our European partners to follow suit.
According to the head of the US Treasury Department, further secondary sanctions and tariffs on countries that buy Russian oil will lead the Russian economy to "complete collapse."
By the way, it recently became known that the European Union has started work on a new sanctions package against Russia.
Against this backdrop, Ukraine's European allies decided to fly to Washington to work on it with US President Donald Trump's team.
More economic measures to force Russia to stop this war, to stop killing people, to stop this war in Ukraine. And work is starting in Brussels on a new sanctions package, and our team, the European team, is heading to Washington to work with our American friends.
Antonio Costa
President of the European Council
