Trump says ready for major sanctions on Russian oil if NATO is on board

(Bloomberg) — US President Donald Trump said he’s prepared to move ahead with “major” sanctions on Russian oil if NATO countries do the same.

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Trump, a day after he said he was losing patience with President Vladimir Putin over the war in Ukraine, said he’s “ready to do major Sanctions on Russia when all NATO Nations have agreed, and started, to do the same thing, and when all NATO Nations STOP BUYING OIL FROM RUSSIA,” in a post on his Truth Social site early Saturday.

Bloomberg reported on Friday that the US planned to urge allies in the Group of Seven to impose tariffs as high as 100% on China and India for their purchases of Russian oil, as part of an effort to convince Putin to end Russia’s invasion of its neighbor.

“This, plus NATO, as a group, placing 50% to 100% TARIFFS ON CHINA, to be fully withdrawn after the WAR with Russia and Ukraine is ended, will also be of great help in ENDING this deadly, but RIDICULOUS, WAR,” Trump wrote.

“As you know, NATO’S commitment to WIN has been far less than 100%, and the purchase of Russian Oil, by some, has been shocking! It greatly weakens your negotiating position, and bargaining power, over Russia,” he added.

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