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