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
The Japanese Yen (JPY) edges lower against its American counterpart during the Asian session on Wednesday, though it remains close to over a one-month peak touched the previous day.
At its recent price of about $106,000, Bitcoin (CRYPTO: BTC) is obviously a long way from $200,000. Still, given that the coin has gained more than 150% during the past 12 months a
Many analysts are ruminating on the next significant milestone, as the remarkable price increase of Bitcoin has captivated the market’s attention. A research company, 10x Research, predicts
Crypto execs are worried about TRUMP meme coinsAccording to a Jan. 22nd report by the Financial Times, crypto industry leaders are raising serious concerns about the chaos caused by TRUMP and MELANIA, the controversial memecoins launched by ‘crypto president’ Donald Trump and his wife the weekend before his Monday inauguration. Nic Carter for instance, founding partner of Castle Island Ventures, reportedly said, […]
According to a Jan. 22nd report by the Financial Times, crypto industry leaders are raising serious concerns about the chaos caused by TRUMP and MELANIA, the controversial memecoins launched by ‘crypto president’ Donald Trump and his wife the weekend before his Monday inauguration. Nic Carter for instance, founding partner of Castle Island Ventures, reportedly said, […]
Ripple's XRP ETFs: Is SEC approval on the horizon following CME's rumored futures launch?The Chicago Mercantile Exchange (CME) allegedly plans to launch Ripple's XRP and Solana (SOL) futures contracts following a now-deleted post on a staging website detailing how trading for both assets will function.
The Chicago Mercantile Exchange (CME) allegedly plans to launch Ripple's XRP and Solana (SOL) futures contracts following a now-deleted post on a staging website detailing how trading for both assets will function.
