The United States could impose crippling secondary tariffs on Russia if the three-year-old war it has been waging against Ukraine is not brought to an end by September 2, President Donald Trump has said.
Speaking in the Oval Office alongside NATO Secretary-General Mark Rutte, Trump said he’s “very unhappy” with Russia and Putin, and pledged to impose what he described as “very severe tariffs” on Moscow “if we don’t have a deal in 50 days.”
He said the tariffs — actually secondary sanctions against countries purchasing Russian oil — would be as high as 100 percent, effectively doubling the cost of imports from any country targeted by them.
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