Biden to Announce New Economic Sanctions Against Russia and $500 Million Aid to Ukraine Before Trump's January 20, 2025 Inauguration

Jan 9, 2025, 01:12 PM

President Joe Biden is set to announce new economic sanctions against Russia this week, according to a U.S. official. The move is part of efforts to bolster Ukraine's war effort against Moscow before Donald Trump assumes office on January 20, 2025. The sanctions aim to strengthen Ukraine's position on the battlefield ahead of potential peace negotiations with Russia. Details on the specific sanctions have not been disclosed, but Biden's administration is also preparing to allocate $500 million in additional military aid to Ukraine, which will include air defense missiles, air-to-ground munitions, and support equipment for F-16 jets. Trump's return to the White House has raised hopes for a diplomatic resolution to the conflict, but also fears in Kyiv of a quick peace that might come at a high cost. Biden's aides are informing Trump's team about the measures being taken.