Nick Schifrin:
So this is a meeting that happened today between Treasury Secretary Scott Bessent and his counterparts from the G7, the seven leading industrialized economies in the world.
And G7 officials tell me that there’s a U.S. proposal to try and punish Russia with the rest of the world. That is, the G7 must immediately impose a 50 to 100 percent tariff, secondary tariff, on China and India for their purchases of Russian crude oil, use hundreds of billions of dollars of Russian frozen assets to finance Ukraine, sanction Russian energy giant Rosneft, Russian banks, and a so-called shadow fleet of ships that Russia uses to move oil and gas, and to more quickly end the import of Russian energy imports into Europe.
Earlier today, President Trump appeared in FOX News’ studio and was asked his vision for how to punish Putin.
