• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by June 4, 2025
written by June 4, 2025
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
McDonald’s Snack Wrap is officially returning. Here’s when.
next post
Hawley clashes with UPenn law professor over judicial injunctions

related articles

Senate shuts down Kaine’s attempt to check Trump’s...

June 28, 2025

Trump touts administration’s progress on peace deals, says...

June 27, 2025

Anxious Republicans turn to Trump amid divisions over...

June 27, 2025

Venezuelan opposition member details harrowing 400-day captivity at...

June 27, 2025

JD Vance poised to clinch victory for Trump’s...

June 27, 2025

Trump secures record-shattering $1.4B for political war chest,...

June 27, 2025

Trump secures record-shattering $1.4B for political war chest;...

June 27, 2025

Trump says ‘big, beautiful’ bill ‘must’ meet deadline...

June 27, 2025

Barrett eviscerates Jackson, Sotomayor takes on a ‘complicit’...

June 27, 2025

Trump would strike Iran ‘without question’ if it...

June 27, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Stellar and Bitcoin Cash falter at the start of the week

    July 23, 2024
  • Biden repeatedly says ‘I don’t remember’ regarding classified documents in newly released Hur interview audio

    May 17, 2025
  • Hegseth says he and Vance are ‘on the same page’ despite VP’s remark on US troops in Ukraine

    February 14, 2025
  • Citi upgrades Coinbase stock to Buy with $345 target: Is a 30% gain within reach?

    July 23, 2024
  • Oil and natural gas: the price of oil recovered this morning

    July 24, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,143)
  • Investing (634)
  • Stock (820)

Latest Posts

  • Democrat rep vows to work with Trump on key part of tariff plan: ‘Hoping that I can help’

    April 3, 2025
  • ‘Half a dozen’ more states to ban soda, junk food purchases with food stamps, Trump Agriculture secretary says

    May 23, 2025
  • JetBlue to partner with another U.S. airline in the coming weeks

    April 30, 2025

Recent Posts

  • Airbus takes on Boeing with new orders close to $4 billion from Japan Airlines and Virgin Atlantic

    July 23, 2024
  • India’s Bharti Enterprises buys 24.5% stake in UK’s BT Group from Altice

    August 12, 2024
  • Trump’s House GOP allies demand swift confirmation of Cabinet picks amid delays

    January 16, 2025

Editor’s Pick

  • The Hitchhiker’s Guide to how the VP debate is sometimes more memorable than the presidential debates

    September 30, 2024
  • Hegseth arrives for 1st day at Pentagon stressing Defense’s mission to protect ‘sovereign territory of the US’

    January 27, 2025
  • Trump picks Billy Long to head IRS, Kelly Loeffler to lead SBA in latest nominations

    December 5, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock