ANI
08 Mar 2025, 05:31 GMT+10
Washinton, DC [US], March 8 (ANI): US President Donald Trump has said he is 'strongly considering large-scale banking sanctions and tariffs' on Russia until a 'ceasefire and a final peace settlement agreement' with Ukraine is reached.
His statement comes after Moscow launched a massive drone and missile attack on Ukrainian energy and gas infrastructure on Thursday.
In a post on Truth Social on Friday, Trump wrote, 'Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large-scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED.'
'To Russia and Ukraine, get to the table right now, before it is too late,' he added.
Meanwhile, according to Al Jazeera, Ukraine and the United States have indicated they will meet in Saudi Arabia next week to discuss a framework for ending Russia's war.
Zelenskyy said on Thursday he would travel to Saudi Arabia on Monday for a meeting with Saudi Crown Prince Mohammed bin Salman before bilateral talks with US officials.
US envoy Steve Witkoff confirmed he would meet Ukrainian officials in Saudi Arabia, signalling that he would discuss an 'initial ceasefire' and a 'framework' for a longer agreement, as per Al Jazeera.
Saudi Arabia's Ministry of Foreign Affairs said the talks would take place in the Red Sea city of Jeddah.
Notably, after a fiery exchange with his Ukrainian counterpart, Volodymyr Zelenskyy, on March 1, Trump suspended military aid and intelligence sharing with Kyiv.
Trump used some strong words during his media interaction with Zelenskyy, telling the visiting leader that he 'does not have the cards' and is not 'acting thankful' for the support the United States has provided to Ukraine in its war with Russia, which began in February 2022.
In the explosive media interaction with Trump, Ukraine's President had emphasised the need for security guarantees and noted that the Russian President Vladimir Putin had continued with his actions against his country even during Trump's first term as President.
US Vice President JD Vance also expressed his disapproval of Zelenskyy's remarks, saying it is 'disrespectful to come to the Oval Office of the United States of America and attack the administration that is trying to prevent the destruction of your country.'
Trump emphasised the need for a deal to bring peace and prevent killings and told Zelenskyy, 'if you didn't have our military equipment, this war would have been over in two weeks'. (ANI)
Get a daily dose of Arab Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Arab Herald.
More InformationWHITE HOUSE — U.S. President Donald Trump on Friday appeared to signal that he is ready to take military action on Iran, unless the...
ABU DHABI, 7th March, 2025 (WAM) - The Muslim Council of Elders extends its heartfelt congratulations to His Eminence Professor Dr....
Bengaluru (Karnataka) [India], March 7 (ANI): The opposition BJP has protested the State budget presented on Friday by CM Siddaramaih...
Bengaluru (Karnataka) [India], March 7 (ANI): Karnataka Minister Dinesh Gundu Rao on Friday defended his government's budget, saying...
Washington — U.S. President Donald Trump said he wants to negotiate a nuclear deal with Iran and sent a letter to its leadership on...
Bengaluru (Karnataka) [India], March 7 (ANI): The Karnataka unit of Bharatiya Janata Party (BJP) has strongly criticised the Karnataka...
CAIRO, Egypt - UN Secretary-General Antonio Guterres has warned of the 'alarming situation' unfolding in the West Bank, and says the...
Washinton, DC [US], March 8 (ANI): US President Donald Trump has said he is 'strongly considering large-scale banking sanctions and...
New Delhi [India], March 8 (ANI): The Israeli embassy partnered with Bennett University and the FICCI Ladies Organisation (FLO) to...
WHITE HOUSE — U.S. President Donald Trump on Friday appeared to signal that he is ready to take military action on Iran, unless the...
US President Donald Trumps adviser has gotten into a spat with Pretoria on X Tech billionaire Elon Musk has claimed that his Starlink...
Syrian security forces are seen on the Tartous-Latakia highway in Latakia province, northwestern Syria, on March 7, 2025. (Str/Xinhua)...
