Trump hints at new sanctions against Russia: you’ll know soon enough

27 October 2025 10:35

US President Donald Trump made an intriguing statement regarding the possibility of imposing new sanctions on Russia. Answering questions from journalists on board the presidential Air One plane, he said that the decision could be announced in the near future. The conversation was broadcast on the White House’s YouTube channel, according to "Komersant Ukrainian"

Answering a direct question about whether additional restrictive measures against Russia are being considered, Trump said:

“You’ll find out soon enough.”

Position on Russian assets

Special attention was drawn to the president’s words regarding the use of frozen Russian assets to support Ukraine’s defense. Trump emphasized that he is not involved in discussions on this issue and considers it the competence of the European Union.

When asked whether EU countries should use frozen Russian funds to help Ukraine, the American leader replied:

“I don’t know. Ask the EU. I don’t interfere in this. It’s their decision.”

Why it matters

Trump’s statement came amidst intensifying discussions in Europe about the legal mechanism for using frozen Russian assets.

Sanctions remain a key instrument of international pressure on the Kremlin.

A new wave of sanctions from the United States could seriously affect the Russian economy and its ability to finance the war against Ukraine.

What could happen next

Trump’s response is a signal that a new package of restrictions may be in the works, but the details are still being kept secret.

At the same time, his position on frozen assets indicates a desire to shift responsibility to European partners.

on October 23, the US Treasury Department imposed sanctions on oil companies from Russia. Among others, Lukoil and Rosneft were subject to restrictions.

Commenting on the situation, Russian President Vladimir Putin called the new restrictions by the United States an attempt to put pressure on the Kremlin. He emphasized that Washington’s actions do not contribute to strengthening relations between the two countries.

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As reported by "Komersant Ukrainian" the Russian economy, which for the past three years has been supported by super-profits from energy exports and large-scale state investments in the military sphere, has begun to show the first signs of a recession. Key sectors of the defense industry that provide the army with weapons are cutting production for the first time since 2022.

Sanctions are working

on October 26, U.S. Treasury Secretary Scott Bessent said that U.S. sanctions are already having a significant impact on the Russian economy. According to him, a number of refineries in India and China – key markets for Russia after the EU embargo – have stopped or reduced purchases of Russian oil.

Bessent noted that the Russian economy is in a state of wartime with virtually no growth, and the inflation rate in Russia is over 20 percent.

Falling profits: a risk for war financing

Oil and gas accounted for about 30 percent of all federal budget revenues in Russia in 2024. It is with this money that the Kremlin finances the army, drones, missiles, and military salaries. If the sanctions reduce revenues by another 20-30%, as predicted in the United States, Russia could face a funding shortfall as early as 2026.

These fears were confirmed by Russian Finance Minister Anton Siluanov: he admitted that the share of energy revenues in the budget will decrease by 30% in 2026.

Collapse in the defense industry: production of tanks and armored vehicles is slowing down

According to the Russian edition of The Moscow Times and Rosstat, in September 2025, Russia’s defense industry showed signs of stagnation for the first time since the start of the full-scale invasion.

Key indicators:

  • production of metal products: down 1.6% year-on-year (in August it was 21.2%)
  • production of transport equipment (including tanks): sharp decline from 61.2% to 6%
  • machine building: down 0.1% y/y after 15.7% y/y growth a month earlier.

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Дзвенислава Карплюк
Editor

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