New Delhi, March 7 -- US President Donald Trump has announced that he is "strongly considering" imposing large-scale economic sanctions on Russia as the war in Ukraine intensifies. In a post on Truth Social, Trump pointed to Russia's recent military gains and called for immediate peace negotiations between Moscow and Kyiv.

"Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED," Trump wrote.

Trump also directly addressed both nations, urging them to begin negotiations before further escalation.

"To Russia and Ukraine, get to the table right...