US Treasury Secretary Scott Bessent has said the US government will impose a "substantial pickup" in sanctions against Russia, accusing President Vladimir Putin of not being honest and forthright with Donald Trump.
Bessent made the announcement just before Nato Secretary-General Mark Rutte was due at the White House 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."
