
Trump gives Russia 50-day deadline to make peace deal with Ukraine, threatens 100% tariff on countries buying Russian oil and…
US President Donald Trump has warned that the United States may hit Russia with very high tariffs i.e. up to 100 per cent if it doesn’t stop the war in Ukraine within 50 days. He also said that countries buying Russian oil or other exports could face penalties if Moscow doesn’t agree to a peace deal by early September.
Trump made these remarks on Monday during a meeting at the White House with NATO Secretary General Mark Rutte. He said the U.S. would introduce what he called “secondary tariffs,” though he didn’t explain exactly what that means. “We’re going to be doing very severe tariffs if we don’t have a deal in 50 days, tariffs at about 100%,” Trump said.
Later, US Commerce Secretary Howard Lutnick clarified that both tariffs and sanctions are options on the table, and either could be used depending on the situation.