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US Said to Have Finalized New Russia Sanctions, But It's Unclear if Trump Will Sign

The Straits Times

|

May 04, 2025

US officials have finalized new economic sanctions against Russia, including banking and energy measures, to intensify pressure on Moscow to embrace US President Donald Trump's efforts to end its war on Ukraine, according to three US officials and a source familiar with the issue.

WASHINGTON -

The targets include state-owned Russian energy giant Gazprom and major entities involved in the natural resources and banking sectors, said an administration official who, like the other sources, requested anonymity to discuss the issue. The official provided no further details.

It was far from clear, however, whether the package will be approved by Mr. Trump, whose sympathy for Moscow's statements and actions have given way to frustration with Russian President Vladimir Putin's spurning of his calls for a ceasefire and peace talks.

The US National Security Council "is trying to coordinate some set of more punitive actions against Russia," said the source familiar with the issue. "This will have to be signed off by Trump."

"It's totally his call," confirmed a second US official.

"From the beginning, the President has been clear about his commitment to achieving a full and comprehensive ceasefire," said National Security Council spokesman James Hewitt. "We do not comment on the details of ongoing negotiations."

The US Treasury, which implements most US sanctions, did not respond to a request for comment.

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