US President Donald Trump threatens Russia with sanctions if Putin doesn't settle war
Source Fxstreet
President Donald Trump on Wednesday threatened to impose “high levels” of sanctions on Russia and tariffs on imports from there if President Vladimir Putin did not reach a settlement to end its war against Ukraine, per CNBC.
“If we don’t make a ‘deal,’ and soon, I have no other choice but to put high levels of taxes, tariffs, and sanctions on anything being sold by Russia to the United States and various other participating countries,” said Trump on Truth Social.
Market reaction
At the press time, the USD/RUB pair is down 0.25% on the day to trade at 98.75.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Global financial markets demonstrated strong performance at the beginning of 2026, fostering an optimistic atmosphere for early-year trading; however, this upward trend may face its first
BTC holds above $90,000, ETH hovers near $3,128 at the 50-day EMA, and XRP steadies above $2.07 as traders weigh rebound targets and key downside levels.
Bitcoin's recovery is in jeopardy with bearish predictions dominating sentiment as traders cite ongoing resistance and technical patterns hinting at further declines.
EUR/USD steadies near 1.1650 ahead of US Nonfarm PayrollsEUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls (NFP) report, which is expected to offer further insight into labor market conditions and the Federal Reserve’s (Fed) policy outlook.
EUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls (NFP) report, which is expected to offer further insight into labor market conditions and the Federal Reserve’s (Fed) policy outlook.
Bitcoin briefly dips under $90,000 as profit-taking drags ETH, XRP and BNB lowerBitcoin briefly slipped below $90,000 after hitting $94,000 earlier in the week, with ETH falling to $3,120 as traders cited profit-taking, $150 million in long liquidations, and macro uncertainty including U.S. jobs data and tariff-related Supreme Court risks.
Bitcoin briefly slipped below $90,000 after hitting $94,000 earlier in the week, with ETH falling to $3,120 as traders cited profit-taking, $150 million in long liquidations, and macro uncertainty including U.S. jobs data and tariff-related Supreme Court risks.
