U.S. President Donald Trump has threatened Russia with 100% secondary tariffs in 50 days if no deal is made to end its war with Ukraine.

Washington

Russian forces have invaded Ukraine from land, air and sea with strikes causing widespread damage. Global leaders have condemned the move and imposed sanctions.

Ukraine Invasion

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.

Global Tariffs

U.S. President Donald Trump has stated that the United States will impose secondary tariffs of up to 100% on Russia if a deal to end the war in Ukraine is not reached within 50 days. The announcement was made during a meeting with NATO Secretary-General Mark Rutte, where Trump emphasized the move as a response to ongoing disappointment with Russia's actions.

The proposed tariffs would not only affect Russia directly but are also intended to penalize countries that continue to trade with Russia, such as China, India, and Turkey. While the U.S. has limited direct trade with Russia, these secondary tariffs are designed to further restrict Russia's access to international markets and funding. The specifics of the tariffs are yet to be detailed, and it remains to be seen how and when they will be implemented.

Trump threatens Russia with 100% tariffs if no deal reached

We are getting some breaking news out of Washington for that. We'll get back to Megan Kasellum. Bye again, Megan Hey guys a little bit more tariff news this time with regards to Russia President Trump is in the Oval Office right now with NATO Secretary-General Mark Rutte and he says one of the reasons Rutte is here today is to express their disappointment with Russia and the president saying he will be imposing secondary tariffs on Russia of up to 100% 50 days from today beginning September 1st unless Russia agrees to some sort of a deal for a ceasefire or to end the war in Ukraine so it's important to remember guys the US does not have much of a trading relationship with Russia on its own It's severely decreased over the past few years as this war has been ongoing but secondary tariffs We have to wait to see the fine print and the details But ostensibly these would be designed to punish any countries that are still trading with Russia So think about the top importers of Russian oil at this point It's China, India, Turkey to some extent we could see secondary tariffs now on those countries of up to 100% according to the president as soon as September 1st guys It's something that the Biden administration threatened to do. I don't know if they ever followed through with it I remember Jenny Secretary Jenny Ellen was was talking about it. She went over to China to warn them of that It is a way to do it It's to try to say while there are oil price caps and other things with the EU with the US the EU and other countries There are still many countries continuing to trade with Russia They're looking for ways to cut off that flow of funds into Russia and this is one way to do it I don't remember the Biden administration doing it. I will caution though. We've heard President Trump talk about secondary sanctions so far this term He's even signed some into law with regards to Venezuela that haven't yet been imposed So we do have to wait and see exactly what comes next But it's one way they're trying to sort of curb the flow of funding into Russia Big evolution in our stance regarding Russia for sure Megan. Thank you Megan Castello

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Trump threatens Russia with 100% tariffs if no deal reached

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