President Trump met with NATO Secretary-General Mark Rutte at the White House on Wednesday, shortly after Treasury Secretary Scott Bessent announced new sanctions on Russia’s biggest oil exporters.

The move marked the Trump administration’s most significant action yet in its efforts to pressure Russian President Vladimir Putin to negotiate an end to his war in Ukraine.

Trump also explained why he called off a planned meeting with Putin and decided against supplying Tomahawk missiles to Ukraine, while also touching on his military campaign against South American drug cartels and his potential meeting with Chinese leader Xi Jinping during an upcoming trip to Asia.

Here are the key takeaways from the meeting.

‘It was time’ for Russia sanctions

The Treasury Department announced Wednesday

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