Russia, Donald Trump
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The New Voice of Ukraine on MSNTariffs on Russian oil buyers China, Brazil, and India are planned by U.S. — Lindsey Graham
President Donald Trump plans to impose tariffs on countries purchasing Russian oil, including China, India, and Brazil, Republican Senator Lindsey Graham said. “These countries buy about 80% of cheap Russian oil,
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RBC Ukraine on MSNUS calls on EU to impose tariffs against Russia
The United States has suggested that the European Union follow Washington's example if the White House imposes 100% tariffs on buyers of Russian oil, according to US Treasury Secretary Scott Besent. "Any country who buys sanctioned Russian oil is going to be subject to up to 100% secondary tariffs.
President Trump’s plan to impose a 100 percent tariff on Russian goods could raise the cost of urea, a key fertilizer in corn and other row crops.
"We are very unhappy, I am, with Russia," President Trump said while in a meeting with NATO Secretary General Mark Rutte.
Donald Trump’s threat to sanction countries that buy Moscow’s fuel has many pitfalls. The US president could instead crush Russia’s $160 bln of oil revenue by persuading India to cut its purchases, convincing Saudi Arabia to pump more crude and slashing the G7 price cap.
Trump also revealed that Putin had recently offered to assist in mediating between Israel and Iran during their brief June conflict — an offer he declined. “I said, ‘No, no, you help me get a settlement with you, with Russia,’” Trump recounted. “And I think we're going to be doing that too.”
Russia is being hit with a new punishment for its war with Ukraine. On Monday, Bloomberg reported the U.S. government would put a 200% tariff on Russian aluminum imports. But, only speculators ...
Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies following the European Union's latest sanctions against Russia for its war in Ukraine.