Trump Ready for ‘Second Phase’ of Sanctions Against Russia

NEW YORK/WASHINGTON, Sept 7 – US President Donald Trump announced on Sunday that he is prepared to move forward with the “second phase” of sanctions against Russia, raising concerns over escalating economic pressure between Washington and Moscow.

Speaking briefly outside the White House, Trump confirmed his stance when asked by reporters whether he was ready to impose further restrictions. “Yes, I am,” the President said, indicating that his administration is considering additional measures.

US Treasury Warning on Russia’s Economy

Trump’s statement came shortly after US Treasury Secretary Scott Bessent warned that the Russian economy could face a potential “collapse” if the United States and the European Union expand their secondary sanctions on nations purchasing Russian crude oil.

According to Bessent, any further restrictions could significantly impact Russia’s financial stability, particularly if global buyers are deterred from importing Moscow’s oil supplies. This move, if implemented, would represent a more severe phase of Washington’s ongoing efforts to pressure Russia economically.

Escalating Sanctions Strategy

The sanctions are part of a broader strategy aimed at limiting Russia’s revenue streams and curbing its influence on the global energy market. The “second phase” sanctions would mark a deeper economic blow, targeting not only Russian companies but also international partners involved in oil trade.

Analysts suggest that such measures could intensify the already strained relations between the US, the EU, and Russia, while also affecting the global energy supply chain.

Trump’s confirmation underscores Washington’s willingness to increase pressure on Moscow, with the possibility of more stringent sanctions in the near future. Global markets and international allies will be closely watching the next steps, as any decision could have far-reaching consequences for both Russia and the world economy.