Trump Says Republicans Drafting Bill To Sanction All Countries Trading With Russia

President Donald Trump on Sunday said that Republican lawmakers are preparing legislation that would impose strict sanctions on any country engaged in business or trade with Russia. He also indicated that Iran may be added to the list of nations that could face penalties under the proposed law.

Speaking to reporters, Trump said, "As you know, I suggested it, so any country that does business with Russia will be very severely sanctioned." He added that lawmakers "may add Iran to that."

The move comes shortly after the United States announced what Trump described as "tremendous" sanctions targeting Russian oil giants Lukoil and Rosneft. These measures are aimed at weakening Russia's energy sector and limiting its ability to finance the war in Ukraine.

According to Trump, the new bill being drafted by Republican members of Congress is intended to strengthen U.S. efforts to economically isolate Russia by penalizing foreign governments that continue trade or energy cooperation with Moscow. The legislation seeks to expand pressure on countries that provide Russia with economic support or help offset the impact of existing sanctions.

The proposed law, which is still under development, has Trump's full backing. He said it forms part of a broader strategy to curb Russian aggression by cutting off avenues of financial resilience and discouraging global partners from doing business with Russia.

Trump also confirmed that he will meet President Vladimir Putin in Hungary. Before that, he is scheduled to meet Ukrainian President Volodymyr Zelenskyy at the White House on Friday.