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'Won't be world war but an economic war': Trump threatens Russia with penalties over Ukraine deal refusal

'Won't be world war but an economic war': Trump threatens Russia with penalties over Ukraine deal refusal

File photo Photograph: (AFP)

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US President Donald Trump renewed his threat to Russia, saying he will impose economic penalties on the country if Vladimir Putin refuses a Ukraine ceasefire deal.

US President Donald Trump renewed his threat to Russia, saying he will impose economic penalties on the country if Vladimir Putin refuses a Ukraine ceasefire deal.

“It will not be a world war but it will be an economic war,” Trump said on Tuesday (August 26) of the actions that he may eventually take. “It’s going to be bad for Russia," he added. Although he did not set any fresh timetable for following through.

But he quickly added that he didn’t want to impose new sanctions or tariffs aimed at hurting the Russian economy, expressing hope that there was still a path toward brokering a deal to end the war.

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Trump also said it takes "two people t tango". He said, "you got to get them together." The American president added that his Ukrainian counterpart, Volodymyr Zelensky, "isn not exactly innocent either."

"It’s no different than the worst wars that I’ve ever seen, and if I can stop it – because I have a certain power or a certain relationship – I had a very good relationship with President Putin, very, very good. That’s a positive thing again," Trump said.

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Moreover, the president kept his answer short and snappy when asked about Russian foreign minister Sergei Lavrov’s comments that Russia wasn’t interested in a long-term peace deal with Ukraine. “Doesn’t matter what they say. Everybody’s posturing. It’s all bullshit,” Trump said.

Zelensky says Putin is avoiding meeting him

Zelensky accused his Russian counterpart, Vladimir Putin, on Thursday (August 21) of not wanting to meet him, as he is willing to continue the ongoing war. He said that Putin is avoiding the "necessity" of holding a meeting between the two countries' leaders despite US-led efforts to arrange such a summit to try to end the war.

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Gulshan Parveen

Passionate about international politics and social issues, Gulshan analyses key global events, from geopolitical conflicts and US politics to international diplomacy and social mov...Read More