logo
In reversal, Trump arms Ukraine and threatens sanctions on countries that buy Russian oil

In reversal, Trump arms Ukraine and threatens sanctions on countries that buy Russian oil

Daily Maverick19 hours ago
Trump threatens secondary sanctions on Russia in 50 days
Says up to 17 Patriot batteries could be available 'very soon'
Russian markets rise, suggesting relief over delay
By Anastasiia Malenko, Steve Holland and Dan Peleschuk
But Trump's threat of sanctions came with a 50-day grace period, a move that was welcomed by investors in Russia where the rouble recovered from earlier losses and stock markets rose.
Sitting with NATO Secretary General Mark Rutte in the Oval Office, Trump told reporters he was disappointed in Russian President Vladimir Putin and that billions of dollars of U.S. weapons would go to Ukraine.
'We're going to make top-of-the-line weapons, and they'll be sent to NATO,' Trump said, adding that Washington's NATO allies would pay for them.
The weapons would include Patriot air defence missiles Ukraine has urgently sought.
'It's a full complement with the batteries,' Trump said. 'We're going to have some come very soon, within days… a couple of the countries that have Patriots are going to swap over and will replace the Patriots with the ones they have.'
Some or all of 17 Patriot batteries ordered by other countries could be sent to Ukraine 'very quickly', he said.
Rutte said Germany, Finland, Denmark, Sweden, Norway, the United Kingdom, the Netherlands and Canada all wanted to be a part of rearming Ukraine.
Trump's threat to impose so-called secondary sanctions on Russia, if carried out, would be a major shift in Western sanctions policy. Lawmakers from both U.S. political parties are pushing for a bill that would authorise such measures, targeting other countries that buy Russian oil.
Throughout the more than three-year-old war, Western countries have cut most of their own financial ties to Moscow, but have held back from taking steps that would restrict Russia from selling its oil elsewhere. That has allowed Moscow to continue earning hundreds of billions of dollars from shipping oil to buyers such as China and India.
'We're going to be doing secondary tariffs,' Trump said. 'If we don't have a deal in 50 days, it's very simple, and they'll be at 100%.'
A White House official said Trump was referring to 100% tariffs on Russian goods as well as secondary sanctions on other countries that buy its exports. Eighty-five of the 100 U.S. senators are co-sponsoring a bill that would give Trump the authority to impose 500% tariffs on any country that helps Russia, but the chamber's Republican leaders have been waiting for Trump to give them the go-ahead for a vote.
In Kyiv, people welcomed the announcement but some remained cautious about Trump's intentions.
'I am pleased that finally European politicians, with their patience and convictions, have slightly swayed him (Trump) to our side, because from the very beginning it was clear that he did not really want to help us,' said Denys Podilchuk, a 39-year-old dentist in Kyiv.
GRACE PERIOD
Artyom Nikolayev, an analyst from financial information firm Invest Era, said Trump did not go as far as Russian markets had feared.
'Trump performed below market expectations. He gave 50 days during which the Russian leadership can come up with something and extend the negotiation track. Moreover, Trump likes to postpone and extend such deadlines,' he said.
Asked about Trump's remarks, U.N. Secretary-General Antonio Guterres said an immediate ceasefire was needed to pave the way for a political solution and 'whatever can contribute to these objectives will, of course, be important if it is done in line with international law.'
Since returning to the White House promising a quick end to the war, Trump has sought rapprochement with Moscow, speaking several times with Putin. His administration has pulled back from pro-Ukrainian policies such as backing Kyiv's membership in NATO and demanding Russia withdraw from all Ukrainian territory.
But Putin has yet to accept a proposal from Trump for an unconditional ceasefire, which was quickly endorsed by Kyiv. Recent days have seen Russia use hundreds of drones to attack Ukrainian cities.
Trump said his shift was motivated by frustration with Putin, who talked about peace but continued to strike Ukrainian cities. 'I don't want to say he's an assassin, but he's a tough guy,' he said.
'We actually had probably four times a deal. And then the deal wouldn't happen because bombs would be thrown out that night and you'd say we're not making any deals,' he said.
Last week he said, 'We get a lot of bullshit thrown at us by Putin.'
U.S. Senator Jeanne Shaheen, the top Democrat on the Senate Foreign Relations Committee, said Trump's announcement was 'positive, but overdue' and he needed to commit 'to a sustained flow of security assistance to Ukraine over the long term' if he wanted Putin to negotiate and the war to end.
Ukrainian President Volodymyr Zelenskiy held talks with Trump's envoy Keith Kellogg on Monday.
Zelenskiy said they discussed 'the path to peace and what we can practically do together to bring it closer', including 'strengthening Ukraine's air defence, joint production and procurement of defence weapons in collaboration with Europe.'
An air-raid alert was declared in Kyiv shortly after Zelenskiy's talks with Kellogg.
Separately on Monday, Zelenskiy said he would replace his long-serving Prime Minister Denys Shmyhal with Shmyhal's first deputy, Yulia Svyrydenko, an economist who played a key role in negotiations between Kyiv and Washington on a minerals deal. Her appointment will require parliamentary approval.
Russia began its full-scale invasion in February 2022 and holds about one-fifth of Ukraine. Its forces are slowly advancing in eastern Ukraine and Moscow shows no sign of abandoning its main war goals.
(Additional reporting by Frank Jack Daniel, Sergiy Karazy and Vladyslav Smilianets in Kyiv, Kevin Lamarque and Patricia Zengerle in Washington, Sabine Siebold in Berlin, Lidia Kelly in Warsaw and Michelle Nichols at the United Nations, Writing by Timothy Heritage, Peter Graff and David Brunnstrom; Editing by Gareth Jones, Andrew Heavens, Don Durfee and Cynthia Osterman)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump statements on Russia and Putin are serious, require analysis: Kremlin
Trump statements on Russia and Putin are serious, require analysis: Kremlin

TimesLIVE

time30 minutes ago

  • TimesLIVE

Trump statements on Russia and Putin are serious, require analysis: Kremlin

US President Donald Trump's recent statements, including a threat of sanctions on buyers of Russian exports, are serious and require analysis, the Kremlin said on Tuesday. In a major policy shift underscoring his growing frustration with President Vladimir Putin, Trump on Monday announced new deliveries of weapons to Ukraine and warned that buyers of Russian exports could face sanctions unless Russia agrees to a peace deal on Ukraine. Trump, who has said he wants to be remembered as a peacemaker, later told the BBC, referring to Putin: "I'm disappointed in him, but I'm not done with him. But I'm disappointed in him." Asked about Trump's recent statements, Kremlin spokesperson Dmitry Peskov said: "The US president's statements are very serious. Some of them are addressed personally to President Putin."

Russia suggests Trump is emboldening Ukraine, delaying peace
Russia suggests Trump is emboldening Ukraine, delaying peace

The Citizen

time2 hours ago

  • The Citizen

Russia suggests Trump is emboldening Ukraine, delaying peace

Donald Trump has vowed to arm Ukraine and punish Russia's allies if no peace deal is reached soon. The Kremlin warned Tuesday that US President Donald Trump's pledge of more weapons for Kyiv and threat of sanctions targeting Russian trading partners could embolden Ukraine and further delay already stalled peace efforts. Trump a day earlier gave Russia 50 days to strike a peace deal with Ukraine, voicing fresh frustration with Moscow as he laid out an arrangement with NATO to supply Kyiv with new military aid sponsored by the alliance's members. Kremlin calls Trump's threats a boost to continued war The Republican forced Moscow and Kyiv to open peace talks to end the conflict, now in its fourth year, but Russia has rejected calls for a ceasefire and launched a record number of drones and missiles at Ukraine in recent months. Moscow said it needed more time to respond fully to Trump's statement, but hinted it did not appear conducive to successful negotiations. 'It seems that such a decision made in Washington and in NATO countries and directly in Brussels will be perceived by Kyiv not as a signal for peace but for the continuation of the war,' Kremlin spokesman Dmitry Peskov told reporters. 'President Trump's statement is very serious. We certainly need time to analyse what was said in Washington,' he told reporters in Moscow's first reaction to the comments. Trump warned that if no deal was concluded, he would slap severe tariffs on Russia's remaining trade partners in a bid to impede Moscow's ability to finance its military offensive. Pumped up by huge state spending on soldiers and weapons, as well as by redirecting vital energy exports to the likes of China and India, Russia's economy has so far defied Western hopes sanctions would push it into a deep recession. Weapons deal Two rounds of talks between Russia and Ukraine, held in Turkey in recent months, have made no progress towards ending the fighting and yielded only large-scale prisoner exchanges. Tens of thousands have been killed since Russia launched its offensive, with millions forced to flee their homes in eastern and southern Ukraine, which has been decimated by aerial attacks and ground assaults. Putin has repeatedly rejected calls for a ceasefire and his negotiators have demanded Ukraine shun all Western military support, and pull out of four regions in its east and south that Moscow claims to have annexed. Kyiv and the West have rejected them as a call for Ukraine's de-facto capitulation. Peskov said Russia was open to another round of talks and was 'waiting for proposals from the Ukrainian side on the timing.' ALSO READ: Zelensky signs decree for Ukraine's withdrawal from anti-landmine treaty Kyiv has called it 'pointless' to hold further talks with the current Russian delegation. European nations weigh role in US-led weapons plan Denmark and the Netherlands on Tuesday said they were looking to participate in Trump's plan for Europe to buy American weapons for Ukraine. Under the scheme, some of NATO's European members would pay Washington for the weapons, including vital Patriot air defence systems, which would then be shipped to Ukraine. The United States has been Kyiv's most important military backer since Russia launched its offensive in 2022, but Trump's erratic policy on whether to support Ukraine and his attempts to engage Putin have spooked Europe and Kyiv. 'Game of chess' In Moscow, residents dismissed Trump's statement as little more than politics. 'It's a game of chess,' Svetlana, an aviation engineer said. 'There will still be negotiations… (Trump) gave 50 days, and then there will be more… We are waiting for the next move of our president,' the 47-year-old said. Russia has pummelled Ukrainian cities with regular aerial attacks in recent weeks as its troops advance slowly across the battlefield in the east and south. Ukrainian soldiers fighting in the east were hopeful but cautious following Trump's promise of air defences and weapons. 'I don't believe him. There have been too many promises that haven't been kept,' said one soldier with the call-sign 'Shah.' Others were worried it might be too little too late. 'Of course it's good, but at the same time, time has been lost. Those Patriots could have been sent sooner and could have helped a lot,' another fighter called 'Master' told AFP. 'If there is even the slightest chance to improve the situation for us and worsen it for them, then that's already positive,' Ruslan, a 29-year-old soldier, said. NOW READ: Anton Kobyakov: The quiet power behind Putin's Russia

US House set to vote on landmark crypto bills this week
US House set to vote on landmark crypto bills this week

eNCA

time2 hours ago

  • eNCA

US House set to vote on landmark crypto bills this week

WASHINGTON - US lawmakers are on the verge of passing landmark legislation that will give the much-maligned crypto world much-wanted legitimacy, riding on President Donald Trump's recent embrace of the industry. The US House of Representatives is set to vote on three pieces of legislation this week, including one on the use of stablecoins -- cryptocurrencies pegged to safe assets like the dollar -- that, if passed, would immediately go to Trump for his signature. The raft of legislation comes after years of suspicion against the crypto industry amid the belief in the Biden administration that the sector, born out of the success of bitcoin, should be kept on a tight leash and away from mainstream investors. But after crypto investors poured millions of dollars into his presidential campaign last year, Trump reversed his own doubts about the industry, even launching a Trump meme coin and other ventures as he prepared for his return to the White House. According to federal financial disclosure forms released last month, Trump pocketed more than $57-million from the crypto venture, World Liberty Financial, that he launched with his sons last year. Trump has, among other moves, appointed crypto advocate Paul Atkins to head the Securities and Exchange Commission (SEC). He has also established a federal "Strategic Bitcoin Reserve" aimed at auditing the government's bitcoin holdings, which were mainly accumulated by law enforcement from judicial seizures. And thanks to his backing, Trump could soon be signing the stablecoin bill -- dubbed the GENIUS Act -- that the US Senate passed last month and that sets rules such as requiring issuers to have reserves of assets equal in value to that of their outstanding cryptocurrency. The Republican-led House is also considering a bill it calls the Anti-CBDC Surveillance State Act that aims to block the issuance of a central bank digital currency (CBDC) – a digital dollar issued by the US Federal Reserve. Republicans argue that a CBDC could enable the federal government to monitor, track, and potentially control the financial transactions of private citizens, undermining privacy and civil liberties. It would also require passage in the Senate before going to Trump for his signature.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store