As the war between Russia and Ukraine continues to escalate, President Donald Trump has issued a stark warning to both nations: negotiate peace now, or face severe economic consequences. His message, delivered through Truth Social on Friday, made it clear that he is prepared to introduce large-scale banking sanctions and tariffs against Moscow to push for a resolution.

“Based on the fact that Russia is absolutely ‘pounding’ Ukraine on the battlefield right now, I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED,” Trump wrote. “To Russia and Ukraine, get to the table right now, before it is too late.”

"Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED. To Russia and Ukraine,… pic.twitter.com/kwrfbaQw4d

— President Donald J. Trump (@POTUS) March 7, 2025

Trump’s administration is actively working on brokering a deal, with key aides expected to meet with Ukrainian officials in Saudi Arabia next week. Middle East envoy Steve Witkoff confirmed that discussions will center on a cease-fire plan.

The president’s threat of financial retaliation against Russia could mark a major shift in U.S. policy. While existing sanctions have restricted parts of the Russian economy, loopholes and third-party partnerships have allowed Moscow to continue trade with China and North Korea. Trump’s potential sanctions could target not only Russia but also those doing business with the country, further tightening economic pressure.

Trump’s demand for immediate talks comes on the heels of his contentious meeting with Zelensky at the White House. Reports indicate that Trump dismissed the Ukrainian leader after a disagreement over continued U.S. support.

With concerns growing over the war’s potential to spiral into a broader global conflict, Trump is making it clear that he intends to force both sides to the negotiating table — before the situation worsens.