US to announce 'substantial' Russia sanctions

US to announce'substantial' Russia sanctions The US government will impose a substantial pickup in sanctions against Russia as the fighting in Ukraine continues, according to US Treasury Secretary Scott Bessent. Bessent's comments came just before Nato Secretary-General Mark Rutte was due at the White House, in which he said he hopes to discuss how to deliver Trump's vision of peace in the conflict. Earlier in the day, Rutte said he believes that Trump is the only one who can get this done. At least seven people were killed, including two children, during intense Russian drone and missile strikes on Ukraine - just hours after Trump said plans for a meeting with Vladimir Putin in Budapest had been shelved. Bessent provided no further details on the incoming sanctions, but said they would be announced either after the close this afternoon or first thing tomorrow morning.