Trump said the levies would come in the form of “secondary tariffs,” without providing details. The US president has used the term in the past to describe duties imposed on countries for trading with American adversaries. The threats echo punishment spelled out in a bipartisan bill in Congress that would impose 500% tariffs on countries that buy Russian oil and gas such as China and India.
US President Donald Trump threatened to impose stiff economic penalties on Russia if it doesn’t end hostilities with Ukraine within 50 days as he pledged fresh weapons supplies for Kyiv.
“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 Monday during a meeting with NATO Secretary General Mark Rutte at the White House.
