Treasury Secretary Scott Bessent on Wednesday urged Europe to back up President Donald Trump’s strategy of pressuring Russian President Vladimir Putin into ending the Ukraine war by sanctioning countries that buy Moscow’s energy products.
Ahead of summit in Alaska between Trump and Putin on Friday to discuss a possible resolution to the Ukraine conflict, Bessent wants Europe to be ready to impose “secondary tariffs” on countries dependent on Russian energy in the event “things don’t go well,” and the United States believes more pressure needs to be applied on Moscow to get Russia to agree to a ceasefire.
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