We are ready to increase pressure on Russia, but we need our European partners to follow us, said US Treasury Secretary Scott Besant.
The United States is open to cooperating with European countries to impose new sanctions on countries that buy Russian oil, with the goal of weakening the Russian economy, NBC News reports.
“We are ready to increase pressure on Russia, but we need our European partners to follow us,” said US Treasury Secretary Scott Besant on the show “Meet the Press,” adding: “We are in a race against time—the question is how long the Ukrainian army can hold out, and how long the Russian economy can hold out.”
“If the US and the European Union impose additional sanctions, including secondary tariffs on countries that buy Russian oil, the Russian economy will completely collapse and that will force Putin to sit down at the negotiating table,” he added.
Last month, the administration of US President Donald Trump imposed a 50 percent tariff on India for buying Russian oil—among the highest it has ever imposed on a country.
Significantly, the statement by Trump’s Treasury Secretary came just hours after Russia carried out its largest air attack since the start of the war, which killed at least three people and set a government building in Kyiv on fire.
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Source: Kurir/NBC News Photo: Wikipedia