During his harsh address Monday in the Oval Office, Donald Trump announced additional US weaponry supplies to Ukraine that were funded by European nations and threatened to apply new tariffs that would harm Russia’s war chest if they were implemented. But how did the stock market respond in Moscow? The increase was 2.7%.
This is because President Trump had been preparing to impose even more severe penalties on Russia. Russia and America are moving into a new round of combat over Ukraine,” the tabloid Moskovsky Komsomolets warned in its most recent issue on Monday.
The term “pleasant” wasn’t used. The secondary duties on Russia’s trading partners, for instance, will only take effect in 50 days, which will be a relief to Russia. That allows Moscow ample time to come up with counterproposals and further postpone the imposition of measures.
Still, the declaration made by Donald Trump does reflect a more aggressive stance towards Russia. It also expresses his annoyance at Vladimir Putin’s unwillingness to sign a peace agreement. On President Trump’s request for a complete ceasefire in March, Russia responded, “Yes.” First, however, it stated that Ukrainian military mobilisation should cease, as should Western military assistance and information cooperation with Kyiv.
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