Bessent says Trump administration willing to hit Russian with new sanctions in bid to end Ukraine war
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The Treasury Secretary, Scott Bessent, shared in a Fox News exclusive that “everything is on the table” as the Trump administration considers sanctions against Russia. This comes after President Vladimir Putin continued to carry out attacks on Ukraine despite recent discussions focused on achieving peace.

Bessent discussed the matter with Senior National Correspondent Rich Edson at Martin’s Tavern in Washington, DC, addressing inquiries about the possibility of imposing sanctions on Russia.

“I believe all options are open,” Bessent commented. “After the historic meetings in Anchorage and a subsequent phone call, when European leaders and President Zelensky were present at the White House the next Monday, President Putin has taken actions contrary to his commitments. In fact, he has intensively escalated the bombing campaign in a quite deplorable way.”

Bessent added: “So I think with President Trump, all options are on the table, and I think we’ll be examining those very closely this week.”

In the weeks after meeting with President Donald Trump in Anchorage, Alaska, in an attempt to advance a peace deal, Putin has yet to back off from attacking Ukraine.

On Thursday, Russia pummeled Ukraine with missiles and drones, killing at least 17 people and wounding 48 others in Kyiv. Among the dead were four children between 2 and 17, said Tymur Tkachenko, the head of Kyiv’s city administration.

Experts told Fox News Digital last week that the attack could be a signal Putin is utilizing diplomacy to buy himself more time to advance his goals and continue to attack Ukraine, all while avoiding secondary sanctions that the Trump administration has threatened to impose.

Bessent was also asked by Edson about the status of the US-India relationship given the Trump administration’s recent tariffs on India over its purchases of Russian oil, which the White House views as helping to finance Russia’s war in Ukraine, and Indian Prime Minister Narendra Modi is meeting with his Russian and Chinese counterparts.

“This is a longstanding meeting, it’s called the Shanhai Cooperation Organization and I think it’s largely performative,” Bessent said. “I think at the end of the day, India is the most populous democracy in the world. Their values are much closer to ours and to China’s than to Russia’s.” 

“I think at the end of the day, two great countries will get this solved. But the Indians have not been great actors in terms of buying Russian oil and then reselling it, financing the Russian war effort in Ukraine,” he added, while noting the slow progress in US-India trade talks as an additional factor for the White House’s move to raise tariffs.

Fox News Digital’s Diana Stancy and FOX Business’ Eric Revell contributed to this report. 

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