The Fort Worth Press - Europe stumped by Trump demands over Russia sanctions

USD -
AED 3.672501
AFN 64.999988
ALL 79.173956
AMD 364.00811
ANG 1.789783
AOA 918.000126
ARS 1497.250009
AUD 1.407203
AWG 1.80125
AZN 1.699613
BAM 1.673104
BBD 2.01539
BDT 122.281202
BGN 1.696366
BHD 0.377268
BIF 2973.916317
BMD 1
BND 1.271932
BOB 11.542986
BRL 5.194103
BSD 1.000659
BTN 95.718306
BWP 13.434508
BYN 3.043612
BYR 19600
BZD 2.012524
CAD 1.377015
CDF 2273.000487
CHF 0.798955
CLF 0.023464
CLP 923.460242
CNY 6.72975
CNH 6.726645
COP 3052.8
CRC 453.402228
CUC 1
CUP 26.5
CVE 94.330261
CZK 20.677203
DJF 178.187838
DKK 6.400015
DOP 58.471778
DZD 132.809899
EGP 50.913404
ERN 15
ETB 163.449465
EUR 0.85609
FJD 2.1993
FKP 0.735015
GBP 0.733865
GEL 2.599925
GGP 0.735015
GHS 11.132356
GIP 0.735015
GMD 73.489513
GNF 8792.543704
GTQ 7.635945
GYD 209.26741
HKD 7.84379
HNL 26.831146
HRK 6.447995
HTG 130.914597
HUF 312.548496
IDR 17798.5
ILS 2.99225
IMP 0.735015
INR 95.78055
IQD 1310.845723
IRR 1374599.999891
ISK 121.570358
JEP 0.735015
JMD 158.313693
JOD 0.709007
JPY 158.768501
KES 129.531461
KGS 87.450427
KHR 4023.337582
KMF 422.00032
KPW 900.000294
KRW 1396.624937
KWD 0.308296
KYD 0.833925
KZT 456.002874
LAK 22541.886418
LBP 89608.575327
LKR 330.163782
LRD 181.619088
LSL 16.146032
LTL 2.95274
LVL 0.60489
LYD 6.337338
MAD 9.252116
MDL 17.181525
MGA 4276.542323
MKD 52.628652
MMK 2099.608389
MNT 3598.398104
MOP 8.084231
MRU 39.988023
MUR 46.809482
MVR 15.450303
MWK 1735.176615
MXN 16.991015
MYR 4.044397
MZN 63.89495
NAD 16.145824
NGN 1348.090005
NIO 36.828238
NOK 9.33371
NPR 153.148806
NZD 1.68278
OMR 0.384497
PAB 1.000654
PEN 3.350814
PGK 4.498929
PHP 61.872499
PKR 277.656585
PLN 3.697255
PYG 6025.116772
QAR 3.647726
RON 4.496039
RSD 100.425032
RUB 83.327854
RWF 1470.917848
SAR 3.756633
SBD 8.032258
SCR 13.740667
SDG 601.50433
SEK 9.491825
SGD 1.272155
SHP 0.740866
SLE 24.59611
SLL 20969.499227
SOS 571.883194
SRD 37.742003
STD 20697.981008
STN 20.959339
SVC 8.755908
SYP 13001.999906
SZL 16.142113
THB 32.921496
TJS 9.246023
TMT 3.5
TND 2.9105
TOP 2.40776
TRY 47.955302
TTD 6.781357
TWD 31.9335
TZS 2647.975969
UAH 44.634778
UGX 3722.127883
UYU 40.105225
UZS 11847.637787
VES 776.44435
VND 26102
VUV 118.216132
WST 2.729275
XAF 561.160206
XAG 0.0152
XAU 0.000224
XCD 2.70255
XCG 1.803429
XDR 0.707052
XOF 561.165007
XPF 102.02362
YER 237.075008
ZAR 16.17335
ZMK 9001.201353
ZMW 18.886955
ZWL 321.999592
  • JRI

    0.0550

    12.435

    +0.44%

  • RBGPF

    0.3500

    69.35

    +0.5%

  • BCC

    -2.6000

    80.53

    -3.23%

  • NGG

    0.3090

    80.969

    +0.38%

  • RIO

    0.3700

    100.81

    +0.37%

  • GSK

    -0.5950

    52.285

    -1.14%

  • CMSC

    -0.0346

    21.2638

    -0.16%

  • AZN

    -1.9000

    163.05

    -1.17%

  • RYCEF

    0.0200

    20.83

    +0.1%

  • VOD

    -0.0650

    16.105

    -0.4%

  • CMSD

    -0.0310

    21.119

    -0.15%

  • BTI

    0.2600

    56.24

    +0.46%

  • BP

    1.3600

    45.09

    +3.02%

  • RELX

    0.1100

    35.21

    +0.31%

  • BCE

    -0.0250

    23.675

    -0.11%

Europe stumped by Trump demands over Russia sanctions
Europe stumped by Trump demands over Russia sanctions / Photo: © AFP

Europe stumped by Trump demands over Russia sanctions

US President Donald Trump has demanded that allies stop buying Russian oil before he moves on punishing Moscow, and told them to hit China with tariffs.

Text size:

But Trump's requests do not seem feasible, and the EU notes that it has already hammered the Kremlin with sanctions.

Meanwhile, diplomats fear it could be a ploy by Trump to again stall on taking a tough stance against Russia himself.

- Stopping oil purchases? -

In a Truth Social post over the weekend, Trump said he would impose "major sanctions" on Moscow if all NATO countries stopped buying Russian oil.

The 27-nation EU has already banned most imports of Russian oil after the Kremlin's 2022 invasion of Ukraine, slashing the share of oil it imports from Russia from 29 percent in early 2021 to two percent by mid-2025.

Currently Hungary and Slovakia, both countries friendly to both Moscow and Trump, still buy oil from Russia.

The EU is planning to end that entirely and has announced a plan to phase out purchases of all Russian oil and gas by the end of 2027.

EU chief Ursula von der Leyen has said Brussels is "looking at phasing out Russian fossil fuels faster" as it works with partners on toughening sanctions against Moscow.

Other officials have suggested they plan to stick broadly to a timeline EU energy commissioner Dan Jorgensen called "very ambitious" after talks with his US counterpart last week.

But diplomats have welcomed any possible pressure from Trump on Budapest and Bratislava, arguing it could help stiffen European resolve.

"We wouldn't mind some extra push on Hungary, Slovakia from his side as well," an EU diplomat said, speaking on condition of anonymity to discuss sensitive deliberations.

If Trump is serious about getting all NATO countries to turn off the taps, then the bigger issue could be non-EU member Turkey.

Ankara has refused to join international sanctions on Moscow and has even stepped up its purchases of Russian oil.

- Tariffs on China? -

If Trump is largely preaching to the choir on trying to get Europe to cut Russian oil imports, then on China tariffs he is swimming against the tide.

In his post he said NATO countries should place "50% to 100% TARIFFS ON CHINA, to be fully withdrawn after the WAR with Russia and Ukraine is ended".

The EU has already blacklisted firms and banks in China accused of supporting Russia's military or helping circumvent EU sanctions.

But the free-trading bloc is no fan of tariffs, and while it has its own grievances over China's commercial practices, Brussels has no appetite for a broader trade war with the Asian giant.

"Tariffs is not something that is really discussed at the moment," the EU diplomat said.

- So what is the EU doing? -

Brussels is about to put forward its proposals for a 19th package of EU sanctions on Russia since the invasion of Ukraine.

Despite the bloc's top sanctions envoy holding talks in Washington last week, diplomats say that genuine coordination with the United States does not seem on the table.

Officials say the next round of measures should see more Chinese businesses targeted, but they do not expect a broader onslaught against Beijing.

Sceptical voices have also pointed out that Trump's demands for action coincide with US commercial interests.

But a second diplomat said the requests put the bloc "in a tight spot".

"Even if his requests are deliberately excessive, it still forces us to come to terms with them in some kind of way in order to avoid him shifting the blame onto the EU," the diplomat said.

By demanding something he knows the EU is not willing to do, officials worry that Trump could be looking to justify not going after Russia himself.

"What is dangerous is that the US administration hints that if we don't follow through with this idea, the EU is not serious enough in the US's eyes in wanting to end the war," a third EU diplomat said.

"This would be a dangerous spin."

A.Williams--TFWP