Tricky Profit
  • Stock
  • Economy
  • Politics
  • Editor’s Pick
Politics

Massive Russia sanctions package stalls as Trump pushes for Ukraine peace talks

by June 4, 2025
by June 4, 2025 0 comment

NEWYou can now listen to Fox News articles!

Senators are growing antsy to move ahead with a massive sanctions package against Russia, and the only thing standing in the way is President Donald Trump.

In the midst of the extremely partisan budget reconciliation process, nearly the entire upper chamber has coalesced behind the sanctions package from Sens. Lindsey Graham, R-S.C. and Richard Blumenthal, D-Conn., which would slap up to 500% ‘bone-breaking’ tariffs on countries buying energy products from Moscow.

The measure is designed to place Russia’s war machine into a chokehold by imposing duties on oil, gas, uranium and other exports largely purchased by China and India, which account for nearly three-quarters of Moscow’s energy business.

Trump has pushed for peace talks between Ukraine and Russia, which have so far not yielded an end to the three-year conflict, and has begun to sour on Russian President Vladimir Putin’s reluctance to find a peaceful end to the ongoing conflict. He recently questioned ‘what the hell happened’ to the Russian leader.

The latest round of negotiations in Istanbul, Turkey, ended without a ceasefire, and Putin’s recent demands for large chunks of territory in exchange for peace have been nonstarters for Ukrainian President Volodymyr Zelenskyy.

A successful surprise drone attack by Ukraine and fears of a retaliatory strike by Russia have lawmakers growing increasingly anxious to sanction Russia into oblivion, but the president has yet to give Graham — a top ally of Trump’s — and Blumenthal’s bill his blessing.

‘If President Trump asked me my opinion, I would tell them, ‘let’s go now,’’ Sen. John Kennedy, R-L.a., one of the 82 co-sponsors of the bill, told Fox News Digital.

And Graham, who traveled to Ukraine with Blumenthal to meet with Zelenskyy during the Senate’s Memorial Day recess, wants to see his sanctions levied against Russia by as early as next week when world powers gather in Italy for the upcoming G7 Summit to ‘deliver an unequivocal message to China.’

‘The theme of this engagement was that we appreciate President Trump’s earnest efforts to bring about peace and entice Putin to come to the table,’ Graham said in a statement after meeting with French President Emmanuel Macron. ‘It is our view Putin is not responding in kind, he is not interested in peace and that he plans to continue to dismember Ukraine.’

Blumenthal believed that Trump ‘has been played’ by Putin and accused the Russian leader of being ‘totally unserious’ about the negotiations with Ukraine.  

The lawmaker confirmed to Fox News Digital that he and Graham would hold a briefing for all 100 Senators on the current state of affairs in Ukraine on Wednesday.

He said there was ‘no question’ that Trump’s input would be significant for the bill’s fate, but noted that even House Speaker Mike Johnson, R-L.a., came out in support of levying strict sanctions on Russia, which suggested a bicameral desire to inflict monetary pain on Moscow and its allies.

‘We have 82 senators, evenly divided, bipartisan, which I think speaks volumes,’ Blumenthal said. ‘If it’s given a vote, it will pass, and obviously President Trump’s views will matter as to whether it’s given a vote.’

Still, Senate Republican leadership is waiting for a green-light from the White House before making any decisions to put the bill on the floor.

Senate Majority Leader John Thune, R-S.D., countered on the Brian Kilmeade Show on Fox Radio that his team and the White House were working together to make sure that the sanctions package ‘from a technical standpoint’ hit the mark of what the president wanted to do.

‘We’re trying to give [President Trump] as much space and room as necessary for him to try and negotiate the best possible outcome and get a peaceful solution in Ukraine,’ Thune said. ‘And if the sanctions contribute to that, then yeah, we’re available and ready to move.’

Meanwhile, lawmakers don’t see the sanctions package as undermining any ongoing efforts from the White House to broker a peace deal. Sen. Thom Tillis, R-S.C., believed that the legislation would instead act as a ‘real enabler’ for the Trump administration.

And Sen. Tim Kaine, D-Va, similarly believed that the sanctions bill could give Trump a ‘stronger hand’ in negotiations.

‘These are sanctions that would be very punishing to the Russian economy,’ he told Fox News Digital. ‘And we think the president can say, ‘Look, this is going to be very serious, but it can be avoided if we reach an accord right now that’s a cease fire.’’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
CMEPA: A new era for investment taxation
next post
Hawley clashes with UPenn law professor over judicial injunctions

You may also like

Alleged Chinese scheme to influence 2020 election for...

June 17, 2025

Key Republican calls for emergency funding to Israel...

June 17, 2025

Homeland Security Secretary Kristi Noem hospitalized after allergic...

June 17, 2025

American citizen killed in Russian attack on Kyiv,...

June 17, 2025

‘It just baffles me’: Senate Republicans sound alarm...

June 17, 2025

Trump’s stance against Iran nuclear ambitions backed by...

June 17, 2025

Only the US military can take out Iran’s...

June 17, 2025

Ex-White House officials to testify on who ‘really...

June 17, 2025

Blistering report calls for investigation into 5 ‘woke’...

June 17, 2025

Reagan-nominated federal judge accuses Trump admin of ‘discrimination’...

June 17, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Alleged Chinese scheme to influence 2020 election for Biden being probed by FBI, Senate Judiciary Committee

      June 17, 2025
    • Homeland Security Secretary Kristi Noem hospitalized after allergic reaction

      June 17, 2025
    • Key Republican calls for emergency funding to Israel amid worsening Iran conflict

      June 17, 2025
    • American citizen killed in Russian attack on Kyiv, State Department confirms

      June 17, 2025
    • ‘It just baffles me’: Senate Republicans sound alarm over Medicaid changes, spending in Trump megabill

      June 17, 2025

    Disclaimer: TrickyProfit.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Copyright © 2025 TrickyProfit.com All Rights Reserved.

    Tricky Profit
    • Stock
    • Economy
    • Politics
    • Editor’s Pick