Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

President Donald Trump highlighted “great progress made” in a meeting between his envoy and Russian President Vladimir Putin, while still leaving open the possibility of further penalties on Moscow’s oil revenues. 

Earlier Wednesday, Trump doubled tariffs on Indian goods to 50% as punishment for its purchases of Russian energy. US officials are weighing additional actions to choke off energy sales that are a key source of funds for Russia’s war effort in Ukraine.

The Trump administration is considering new sanctions on Moscow’s covert fleet of oil tankers and several entities that enable them to operate, according to people familiar with the matter.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

• Bloomberg Washington Correspondent Tyler Kendall.
• Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino.
• Bloomberg Tech Host Ed Ludlow.
• Joe Lavorgna, Counselor to Treasury Secretary Scott Bessent.
• S-3 Group Partner Ashley Davis.

See omnystudio.com/listener for privacy information.