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Trump hails progress in Russia talks, White House says secondary sanctions still planned

Published by Global Banking & Finance Review

Posted on August 6, 2025

2 min read

· Last updated: January 22, 2026

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Trump hails progress in Russia talks, White House says secondary sanctions still planned
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WASHINGTON (Reuters) -U.S. envoy Steve Witkoff's meeting with Russian President Vladimir Putin in Moscow on Wednesday went well, a White House official said, adding that Washington still planned to

Trump Praises Progress in Talks with Russia Amid Sanction Plans

Progress in U.S.-Russia Relations

By Andrea Shalal and Doina Chiacu

WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday said his special envoy Steve Witkoff had made "great progress" in his meeting with Russian President Vladimir Putin, as Washington continued its preparations to impose secondary sanctions on Friday.

Trump, in a post on Truth Social, said he had briefed some European allies about Witkoff's meeting with Putin, which was focused on ending the 3-1/2-year war that began with Russia's full-scale invasion of Ukraine in February 2022.

Details of the Meeting

"Everyone agrees this War must come to a close, and we will work towards that in the days and weeks to come," Trump added, without providing further details.

Impact of Sanctions

A White House official said earlier that the meeting had gone well, and Moscow was eager to continue engaging with the United States.

The official said secondary sanctions that Trump has threatened against countries doing business with Russia were still expected to be implemented on Friday. No details were provided.

Trade Tariffs on India

Witkoff met Putin for around three hours on a last-minute mission to seek a breakthrough in the war. Trump has threatened sanctions on Moscow and secondary sanctions on countries that buy its oil if no moves are made to end the war in Ukraine.

Trump took a key step in that direction on Wednesday when he imposed an additional 25% tariff on imports from India, citing New Delhi's continued imports of Russian oil. No similar order was signed for China, which also imports Russian oil.

The new measure raises tariffs on some Indian goods to as high as 50% — among the steepest faced by any U.S. trading partner.

U.S.-China Trade Discussions

U.S. Treasury Secretary Scott Bessent last week warned Chinese officials that continued purchases of sanctioned Russian oil would lead to big tariffs due to legislation in Congress.

The U.S. and China have been engaged in discussions about trade and tariffs, with an eye to extending a 90-day tariff truce that is due to expire on August 12, when their bilateral tariffs shoot back up to triple-digit figures.

(Reporting by Andrea Shalal, Editing by Franklin Paul and Daniel Wallis)

Key Takeaways

  • Trump reports progress in talks with Putin.
  • Secondary sanctions on Russia still planned.
  • U.S. imposes tariffs on Indian imports.
  • China warned about Russian oil purchases.
  • U.S.-China trade discussions ongoing.

Frequently Asked Questions

What are secondary sanctions?
Secondary sanctions are penalties imposed by a country on foreign entities that conduct business with a sanctioned country, aiming to limit its economic activity and influence.
What is foreign investment?
Foreign investment involves investing capital in a country by individuals or entities from another country, often to gain access to new markets or resources.

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