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Trump administration not seeking Russia's economic isolation, Vance

Trump administration not seeking Russia's economic isolation, Vance Photo: J.D. Vance (Getty Images)

The administration of US President Donald Trump does not seek Russia's economic isolation, as this would make achieving peace in Ukraine more difficult, says US vice president J.D. Vance.

"The president is very open with both the Europeans and the Russians that he doesn't see a reason why we should economically isolate Russia, except for the continuation of the conflict. He wants the killing to stop," Vance said.

The US vice president also stressed that Trump is open to economic deals beneficial for America, given Russia's rich resources - oil, gas, and minerals. Vance noted that a peaceful settlement would make it possible to build productive economic ties with both Russia and Ukraine, which he said could guarantee lasting peace in Eastern Europe.

"If we had a better relationship economically in Eastern Europe, it might be the best guarantee of a long-term peace, because once you've got good economic relationships with people, you don’t want to blow that stuff up literally by restarting a war. Let's create economic cooperation between Russia, Ukraine, and the United States, and let's set the table for a long-term, durable peace," Vance added.

Possible US sanctions against Russia

On September 7, Trump said he was ready to move to a second stage of sanctions against Russia.

White House National Economic Council director Kevin Hassett also did not rule out new sanctions after Russia carried out a massive overnight strike on Kyiv on September 7.

US Treasury Secretary Scott Bessent likewise confirmed that Washington has long been prepared to step up economic pressure on Russia. However, he emphasized that such measures require the support of European allies.

More details on why the US has not yet imposed sanctions on Russia can be found in RBC-Ukraine's report.