Trump threatens 100% tariffs on Russian export buyers unless Ukraine peace deal is reached by September

President Donald Trump on Monday threatened to impose “secondary tariffs” on Russia’s trade partners “at about 100%” if President Vladimir Putin does not agree to a deal to end his invasion of Ukraine in 50 days.

“We’re very, very unhappy with them, and we’re going to be doing very severe tariffs, if you don’t have a deal in 50 days, tariffs at about 100%, they call them secondary tariffs,” Trump said from the White House while meeting with NATO’s secretary general, Mark Rutte.
The president said that he is “disappointed” with Putin, because he thought they would have had a deal months ago.

If a ceasefire deal is not reached by September, said Trump, “we’re going to be doing secondary tariffs.”

Trump also announced Monday that the United States would send “billions of dollars worth of military equipment” purchased from American companies, paid for by European countries and delivered to NATO allies to be sent on to Ukraine.

Trump’s announcement — coupled with the secondary tariff threat against Russia — marks a shift in the president’s support for Ukraine, and underscores his growing frustration with the Russian leader.