Ukraine says Trump’s sanctions threat sends ‘strong signal’ to Russia

DAVOS, Switzerland (Reuters) (Reuters) – Ukraine praised U.S. President Donald Trump on Thursday for threatening to impose tariffs and sanctions on Russia if it refuses to make a deal to end the war in Ukraine and said the comment sent a “strong signal”. 

Trump, who has repeatedly said he wants to halt the fighting in Ukraine without saying how, appealed to Russian President Vladimir Putin on Wednesday to “stop this ridiculous war” and threatened to impose punitive measures if no deal is reached. 

“We do really welcome such strong messages from President Trump and we believe that he will be the winner. And we believe that we have an additional chance to get new dynamic in diplomatic efforts to end this war,” Ukraine’s Foreign Minister Andrii Sybiha said, speaking in English at a discussion panel in Davos, Switzerland.

Kyiv has long urged its allies to impose tougher sanctions on Russia to raise the costs of the war for Moscow and to discourage it from undertaking any further aggression. 

The Kremlin said it saw nothing particularly new in Trump’s threat, but that it was following closely “all nuances” in his rhetoric and remained open to dialogue. 

Asked about Trump’s remarks, Kremlin spokesman Dmitry Peskov said Trump had often applied sanctions on Russia during his first term as president. 

Trump’s calls to end the war as soon as possible sparked fears in Kyiv and among European allies that a hasty deal could play into Russia’s hands and entail Ukraine making major territorial and other concessions. 

Kyiv has repeatedly emphasised the importance of a deal that would produce a fair and lasting peace.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Fractal Market Hypothesis Forex Trading Guide

    • April 21, 2025
    Fractal Market Hypothesis Forex Trading Guide

    Bitcoin’s Role in Diversifying Investment Portfolios

    • April 21, 2025
    Bitcoin’s Role in Diversifying Investment Portfolios

    Gold Reaches Record Highs Today – What’s Causing the Surge?

    • April 21, 2025
    Gold Reaches Record Highs Today – What’s Causing the Surge?

    Tesla (TSLA) Stock Forecast for 2025, 2026, 2027–2030 and Beyond

    • April 21, 2025
    Tesla (TSLA) Stock Forecast for 2025, 2026, 2027–2030 and Beyond