EU may propose 19th round of sanctions against Russia as early as Friday

Jinse Finance reported, citing informed sources, that after a phone call between Ursula von der Leyen and Donald Trump, the European Union plans to submit the latest round of sanctions proposals against Russia to member states as early as Friday. After the call on Tuesday, the President of the European Commission stated that this sanctions package would be the 19th round and would target the cryptocurrency, banking, and energy sectors. The United States has pressured its G7 allies to impose tariffs of up to 100% on India's purchases of Russian oil in order to force Putin back to the negotiating table with Ukraine. However, this demand may face resistance in the capitals of EU member states. According to informed sources, Trump reiterated during the call that he prefers to use tariffs as leverage rather than sanctions. Currently, G7 officials are working on a series of proposals, aiming to finalize the relevant plans within the next two weeks.