President Donald Trump said after his Aug. 15 summit with Russian President Vladimir Putin that progress made in the talks means he will not immediately consider imposing additional tariffs on countries such as China for buying Russian oil—but hinted that he might have to “in two or three weeks.”
Trump has warned that if Russia does not move toward ending the war in Ukraine, the United States will impose sanctions directly on Moscow. He has also threatened secondary sanctions—penalties on countries like China and India that continue to buy Russian oil despite U.S. pressure.
China and India are the largest buyers of Russian oil, providing Putin and his military with revenue that allows the Kremlin to keep the war against Ukraine going. Trump already hit India with an additional 25 percent tariff on Indian goods—bringing the total to 50 percent—explicitly citing its ongoing purchases of Russian oil as the reason….
Trump Pauses Tariff Threats on China Following Putin Summit
