White House holds firm on economic consequences for Moscow and its partners, while a potential Trump-Putin meeting looms

The deadline set by President Donald Trump for Russia to move toward a peaceful resolution with Ukraine has arrived, and the White House has signaled it will follow through with its threat of steep sanctions.

The administration stated that economic consequences for Russia and its trade partners are still expected, and that President Trump will not back down from the ceasefire timeline he established for Russian President Vladimir Putin.

The first ripple effects of this policy have already been felt by one of Russia’s key trade partners. India, the second-largest importer of Russian oil behind China, was hit with an additional 25% tariff by the Trump administration ear

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