US Treasury Department head Scott Burns said White House chief Donald Trump had instructed a review of Washington’s sanctions regime.
“President Trump has instructed me to rethink the sanctions regime. For a long time we had what I call lazy sanctions <…> that threatened the status of the dollar as a reserve currency,” Scott Bessent told Fox News TV channel.
The head of the Ministry of Finance emphasised that the current US sanctions “forced people to abandon the dollar”.
According to Bessent, Washington intends to move to maximise the impact of the restrictions it imposes.
Earlier, Russian President Vladimir Putin called the sanctions “a mechanism of systemic strategic pressure on Russia”.
