Because of the Ukraine War, Europeans urgently want to increase the pressure on Russia – with new sanctions. But US President Trump is not enthusiastic about the idea.
US President Donald Trump wants to give Europe ahead with new sanctions against Russia. Europeans speak a lot about it, but first they should act themselves, said Trump on the sidelines of the G7 summit in Canada about the European efforts to increase the pressure on Russia. The Republican once again left open whether the United States would follow suit. “Don’t forget that sanctions cost us a lot of money,” emphasized Trump. “When I sanction a country, the United States costs a lot of money.” The question is not only about signing any document, but by billions of dollars. “Sanctions are not that easy.”
The Europeans had hoped to move Trump at the G7 summit to increase the pressure on Russia through new punitive measures. For example, they want to further push through exports through exports by reducing the price lid for the sale of Russian oil to countries such as India or China from the current 60 to $ 45 per barrel (159-liter barrel). The price cover was introduced in 2022 and provides for sanctions against actors who are involved in the export of Russian oil at higher prices.
Source: Stern

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