President Trump said Monday that the U.S. will impose 100% tariffs on countries that do business with Russia if there is no peace deal to end the war in Ukraine within 50 days, unveiling his plans to implement secondary sanctions as his frustration with Russian President Vladimir Putin grows.
"We're going to be doing secondary tariffs if we don't have a deal within 50 days. It's very simple," Mr. Trump said in the Oval Office, alongside NATO Secretary General Mark Rutte. "And they'll be at 100%."
"We are very unhappy, I am, with Russia," the president explained.
Former Russian President Dmitry Medvedev brushed off Mr. Trump's threat Tuesday, saying on X, "Trump issued a theatrical ultimatum to the Kremlin. The world shuddered, expecting the consequences. Belligerent Europe was disappointed. Russia didn't care."
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