Tension between America and Russia may increase once again. The Trump administration has prepared new economic sanctions against Russia. This step will be taken if Russian President Vladimir Putin continues to delay ending the war in Ukraine. American officials have given this information to Reuters.

What is America’s new plan?

Under America’s new plan, preparations are being made to directly attack Russia’s banking system and oil industry. Both these areas are most important for Russia’s war financing. If these restrictions are implemented, it could have a major impact on Russia’s economy. However, it has not been decided yet whether the Trump administration will implement them immediately or not.

Restrictions have been imposed earlier also

Earlier, America had imposed sanctions on Russia’s big oil companies Lukoil and Rosneft. After these sanctions, global oil prices increased by more than $2 and countries like China and India had to find alternative supplies of oil.

Role of European countries

According to a senior American official, America now wants European countries (EU) to take the next big step. Be it new restrictions or import duties. For now, Trump can wait and watch the situation for some time to understand how Russia reacts to these recent sanctions.

Ukraine is getting support

The US has also suggested the European Union (EU) to use frozen Russian assets to purchase American weapons for Ukraine. Apart from this, America is also considering using Russian assets kept in its country to help Ukraine in the war.

Trump’s strategy and challenges

President Donald Trump is presenting himself as a global peacemaker, but he has admitted that ending the Russia-Ukraine war has proved more difficult than expected. European countries, in view of Trump’s changing policies regarding Russia, are preparing to take new steps at their own level.

Ukraine’s new demand

According to sources, Ukraine has suggested to the US and its allies that all Russian banks be completely cut off from the US dollar system, so as to put further pressure on Russia’s international financial activities. Overall, this new strategy of the Trump administration is being considered as the next big step towards increasing economic pressure on Russia as well as strengthening Ukraine.

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Trade tension between America and China has increased once again. US President Donald Trump has announced to impose 100 percent additional tariff on goods coming from China, which China has strongly condemned, calling it an example of double standards and unfair business conduct. This step of Trump has come in response to the strict control imposed by China on the export of rare-earth minerals.

China has clarified that the controls imposed by it are lawful and it is ready to promote dialogue and cooperation with all countries to maintain the security of global industrial and supply chains. At the same time, America has warned that if the situation does not improve, this month’s scheduled meeting with President Xi Jinping may be cancelled.

China made these allegations against America

China has alleged that since September, America has increased economic pressure on China. A ministry spokesperson said, ‘These steps have seriously harmed China’s interests and seriously affected the environment of trade negotiations between the two countries.’ The Commerce Ministry also said, ‘Threatening higher tariffs at every turn is not the right way to negotiate with China.’

China made this appeal to the Trump administration

China has appealed to the Trump administration to change its trade approach and condemned ‘threats of higher tariffs’. At the same time, the Chinese Ministry warned that if America remains adamant on its wrong policies, China will take concrete steps to protect its legitimate rights and interests.

The Chinese spokesperson further said, ‘China’s position is clear, we do not want a trade war, but we are not afraid of it either. We appeal to America to immediately correct its wrong practices.

Trump imposed 100 percent extra tariff on China

US President Donald Trump imposed 100% extra tariff on China and said that the decision taken by China on rare earth minerals will affect all countries. He called it a moral outrage and said it was part of China’s long-term strategy to dominate world trade. Trump made it clear that America will take unilateral action, no matter what other countries do. He said that from November 1, 2025, America will impose 100% new tariffs on China, which will be different and additional to any tariff currently imposed.

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