EU Set to Propose New Russia Sanctions as Soon as This Week

The European Union is planning to present member states with its latest package of proposed sanctions on Russia as early as Friday, following a phone call between Ursula von der Leyen and US President Donald Trump, according to people familiar with the matter.

After Tuesday’s call, the European Commission president said the package, the bloc’s 19th since Moscow’s full-scale invasion of Ukraine, would target crypto, banks, and energy.

The US has pressured its allies in the Group of Seven to impose tariffs as high as 100% on China and India for their purchases of Russian oil to push President ...