Washington (dpa) – US Treasury Secretary Scott Bessent has called for European nations to align with US sanctions against countries purchasing Russian oil. The US will impose an additional 25 percent tariff on imports from India as a consequence of the country importing Russian oil. “Europeans must be prepared to face these secondary sanctions,” Bessent stated on Bloomberg TV.
During an upcoming meeting in Alaska, US President Donald Trump will inform Russian President Vladimir Putin that “all options are on the table,” according to Bessent. “Sanctions could become stricter, could be eased, could have a time limit, or could remain indefinite.”
At the recent G7 summit, Bessent proposed imposing a 200 percent tariff on goods from China in response to oil imports from Russia. “And you know what? Everyone wanted to see what shoes they were currently wearing.”
Energy export revenues are crucial for Russia, which has been aggressively waging war on Ukraine since February 2022. The US and the European Union have previously implemented various sanctions against Russia.
The EU is in the process of developing a new sanctions package against Russia, as announced by the bloc’s foreign affairs representative, Kaja Kallas, last Friday following a video conference of EU foreign ministers. This would mark the 19th EU sanctions package against Moscow, though Kallas did not reveal specifics on the forthcoming measures. (August 13)
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