Washington: US President Donald Trump has issued a stark warning of a potential “economic war” against Russia if there is no progress in resolving the ongoing Ukrainian crisis. Trump emphasized that he is prepared to take “serious” actions should the current pace of settlement fail to meet his expectations.

According to National Iraqi News Agency, Trump conveyed to reporters that the measures under consideration may involve imposing heavy sanctions. These sanctions are anticipated to have significant financial repercussions for both Russia and Ukraine, underscoring the gravity of the situation. The warning comes amid heightened tensions and underscores the US administration’s firm stance on the issue.