Trump sets 50-day tariff deadline for Russia to end war in Ukraine

Source: CBC News [Canadian state media]

“U.S. President Donald Trump said on Monday that the United States will impose ‘very severe tariffs’ on [American buyers of goods from] Russia in 50 days if there is no deal to stop the war in Ukraine. Trump made the announcement of what he said would be a 100 per cent tariff rate while meeting with reporters alongside NATO Secretary General Mark Rutte in the Oval Office in Washington, D.C. Trump said they would be ‘secondary tariffs,’ meaning they would target [American buyers of goods from] Russia’s trading partners in an effort to isolate Moscow in the global economy. Direct trade between Washington and Moscow has plummeted since Russia launched its invasion in early 2022. Trump also said the United States will send military aid to help Ukraine in its war effort, but that NATO members, not American taxpayers, would cover the cost of the weapons.” (07/14/25)

https://www.cbc.ca/news/world/ukraine-war-trump-rutte-1.7584415