Russian economy resilient in face of sanctions: Kremlin

MOSCOW - The Russian economy has developed a degree of resilience to Western sanctions after years of operating under such restrictions, Kremlin spokesman Dmitry Peskov said Wednesday.

"We have been living under a significant number of sanctions for quite some time. Our economy continues to function under a wide range of restrictions. Naturally, we have developed a certain immunity to them," Peskov told reporters when asked about Russia's preparedness for possible new sanctions.

His remarks came a day after US President Donald Trump said he was shortening a previously declared 50-day deadline for Russia and Ukraine to reach a truce to just 10 days. Should talks fail, Trump warned, Washington would impose import tariffs, sanctions, or "something else."

At the same time, Trump admitted uncertainty about the effectiveness of such measures.

According to earlier media reports, international investors are reportedly downplaying the likelihood and impact of secondary sanctions on Russian energy exports, noting such restrictions could drive up domestic prices in the United States and contradict Trump's campaign pledge to curb inflation.

Former US National Security Advisor John Bolton has also expressed skepticism over the impact of such threats, questioning their potential effectiveness.