The United States and the European Union are preparing new sanctions against Russia as efforts to quickly resolve the war in Ukraine stall. Despite repeated initiatives, the conflict remains deadlocked, with all sides holding firm to their positions.

US President Donald Trump confirmed that a new package of measures is under discussion, describing it as a “second phase” of sanctions. European officials are also meeting in Washington with David O’Sullivan, the EU’s special envoy for sanctions, and the US Treasury Department to coordinate steps.

The Kremlin dismissed the moves, with spokesman Dmitry Peskov declaring that “no sanction will ever force the Russian Federation to change its firm position, as repeatedly stated by our President.” He accused Europe and Ukraine of working to keep the US aligned with their strategy, while adding that Moscow prefers a diplomatic resolution but will continue what President Vladimir Putin calls a “special military operation” if necessary.

Western powers have already imposed multiple sanctions on Russia following the 2014 annexation of Crimea and the 2022 invasion of Ukraine. These measures aimed to weaken Russia’s $2.2 trillion economy and undermine support for Putin.

However, the Kremlin claims the economy has weathered the pressure, with growth outpacing G7 nations in recent years. Official figures show expansion of 4.1% in 2023 and 4.3% in 2024, though growth is now slowing under the strain of high interest rates.