Trump threatens with massive sanctions, tariffs on Russia that can punish even Hungary

US President Donald Trump said on Friday that he will know in two weeks whether progress can be made toward ending the Russia-Ukraine war, while also hinting at possible sanctions against Moscow.

Speaking to reporters in the Oval Office, Trump expressed frustration with recent Russian strikes that damaged a US factory operating in Ukraine, the Turkish Anadolu News Agency wrote.

Trump not happy and may punish even Hungary

“I’m not happy about it, and I’m not happy about anything having to do with that war,” he said. “Over the next two weeks, we’re going to find out which way it’s going to go. And I better be very happy.”

Trump asked PM Orbán whether Ukraine could win against Russia
Photojournalist: Fatih Aktaş/Anadolu News Agency

Pressed on what will happen in two weeks, Trump said: “I’m going to make a decision as to what we do, and it’s going to be a very important decision, and that’s whether or not it’s massive sanctions or massive tariffs or both, or do we do nothing and say it’s your fight?”

Earlier this August, Trump threatened countries purchasing Russian oil with secondary tariffs. Since Hungary is among the largest buyers of Russian crude (4.7 million tonnes in 2024), Budapest could be a target despite the apparent Orbán-Trump friendship.

Putin and Zelensky are like oil and vinegar

Accoridng to Anadolu, Trump has recently been making efforts to resolve the conflict in Ukraine. He conducted several rounds of talks with both sides, including a summit with Russian President Putin in Alaska on Aug. 15, and announced preparations for a meeting between Ukrainian President Zelenskyy and Putin.

Earlier Friday, he expressed cautious optimism that the two sides could eventually come together.

“We’re going to see if Putin and Zelenskyy will be working together,” Trump told reporters during a visit to The People’s House museum in Washington. “That’s like oil and vinegar a little bit. They don’t get along too well, for obvious reasons, but we’ll see.”

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