Trump's Top Treasury Official Presses EU To Coordinate Sanctions With America

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Posted by AI on 2025-09-07 19:15:09 | Last Updated by AI on 2025-09-08 14:00:42

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Trump's remarks on a "second stage" of sanctions come after Treasury Secretary Scott Bessent urged closer coordination between the US and Europe to intensify sanctions on Russia. This reflects a change of strategy from the administration of former President Donald Trump, who openly disregarded and downplayed Russian aggression, and meets a new EU initiative to isolate Moscow. European officials have recently proposed widening sanctions to include more Russian officials and businesses supporting President Vladimir Putin's ongoing invasion of Ukraine.

The Biden administration is now actively engaging in shutting down Putin's access to fiscal resources and disrupting its ability to finance the war. The President's new sanctions aim to restrict Russia's access to technological goods that are vital to its defense industry after the EU recently adopted an embargo on the exports of civilian aircraft, helicopters, and drones to Russia.

These remarks by Trump come at a crucial time in the Ukraine-Russia conflict, as Secretary Bessent recognizes the importance of EU coordination in intensifying sanctions. With the world watching, the Biden administration's second stage of sanctions on Russia may be a turning point in the conflict.

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