During a joint press conference with NATO Secretary General Mark Rutte, President Trump stated that Russia would face secondary tariffs of up to 100% if a ceasefire agreement in Ukraine is not reached within 50 days. "We have no choice but to impose secondary tariffs... they are quite tough," Trump declared at the White House on Monday.
He also confirmed that a significant arms deal with NATO has been finalized. According to Trump, "We will send them a large amount of weapons of all kinds, and they will deliver them immediately." He emphasized that the United States will manufacture the weapons, while its European allies will finance them.
Following this announcement, the price of Bitcoin fell more than $3,000, testing the support of $119,000. These threats arise after Trump's additional announcement of a 30% tariff on imports from Mexico and the EU, along with a 50% tariff on copper and other raw materials from various countries.