Trump’s sanctions on Russia would be ‘extremely painful’ for US and risk global oil price spike, experts warn - Trump has threatened 100% ‘secondary tariffs’ on likes of India and China, which experts

U.S. President Donald Trump's threat to choke off Russia’s oil revenue via secondary sanctions would deal a hammer blow to Moscow's finances, but markets are betting that the risk of higher energy prices will keep Washington from following through.

Congressional Republicans completed Trump's tax legislation and now tackle Russia sanctions, government funding, and spending cuts. The narrow House and Senate majorities create challenges for upcoming legislative priorities including defense authorization.

The Kyiv Independent's Deputy Chief Editor Oleksiy Sorokin spoke with Latvian Prime Minister Evika Siliņa during her visit to Kyiv on July 15, following U.S. President Donald Trump's announcement of his deal with NATO to arm Ukraine and his threat to impose severe sanctions on Russia if it doesn't reach a peace deal with Ukraine within the next 50 days.

Putin invaded Ukraine just over 13 months into Biden's White House term. Between February 24, 2022, and January 20, 2025, the U.S. became the world's biggest supplier of weapons and aid for Ukraine's fight, pledging over $175 billion in support.

Cuba’s crucial and struggling tourism industry was hit with more US sanctions, as President Donald Trump’s administration ratchets up pressure on the communist-run island and its top officials.

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Top officials in Russia say it can withstand the secondary tariffs that President Donald Trump has threatened if Russian leader Vladimir Putin does not reach a Ukraine war deal soon. Trump had on Monday told reporters that if no peace deal is agreed upon in 50 days,