Published Date Mar 09, 2025

Treasury Secretary Scott Bessent, speaking at the Economic Club of New York on Thursday, hinted at a robust sanctions strategy. “Per President Trump’s guidance, sanctions will be used explicitly and aggressively for immediate maximum impact,” Bessent said. He added that the administration is prepared to go “all in” to use sanctions as leverage in peace negotiations.


READ MORE: Trump Makes A U-turn, Threatens Expanded Sanctions on Russia to Force Peace Agreement with Ukraine

By Caroline Gaudette

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