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US threatens Russia with "total collapse": Finance Minister talks about next steps

Posted on 07/09/2025

According to the reporter, US Treasury Secretary Scott Bessent said in an interview that the US is ready to increase pressure on Russia, but there is a condition.

“We are ready to increase pressure on Russia, but we need our European partners to follow us,” said the head of the US Treasury Department.

He added that imposing additional secondary sanctions and tariffs on countries buying Russian oil could lead to a "total collapse" of the Russian economy and force Russian dictator Vladimir Putin to the negotiating table.

Sanctions against Russia

It should be noted that just yesterday, Ukrainian President Volodymyr Zelensky emphasized that Russia needs to be pushed toward peace and that the key to this, in his opinion, is the combined efforts of Europe and the United States. In particular, sanctions and tariffs.

In addition, on September 5, the Associated Press reported that a team of European officials would meet with US representatives this Monday to discuss various forms of economic pressure on Russia, including new sanctions.

An informed source cited by the media said that Finance Minister Scott Bessent had already spoken about this with European Commission President Ursula von der Leyen.

It is worth adding that the President of the European Council, António Costa, at a joint press conference with President Zelensky in Uzhgorod also stated that work on a new package of restrictions has already begun in Brussels, and the European team is heading to Washington to coordinate with American partners.

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