.S. President Donald Trump said he won’t raise tariffs right now on countries that buy oil from Russia. But he warned that new taxes could come in 2–3 weeks if Russia doesn’t make more progress toward ending the war in Ukraine.
Trump #Tariffs #Russia #UkraineWar
He spoke after meeting Russian President Vladimir Putin at a U.S. military base in Alaska on August 15. Trump said the talks showed some progress, so he’s giving more time before adding new penalties.
PutinMeeting #Diplomacy #CeasefireHope
India and China are the biggest buyers of Russian oil. Last week, India was hit with a 25% tariff on goods it sells to the U.S. China hasn’t faced new tariffs yet.
India #China #RussianOil
Trump’s message keeps pressure on Russia while giving peace talks a chance. Whether China will face tariffs depends on how the war situation develops. A final decision is expected by the end of August.
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