Trump threatens secondary tariffs on Russian oil if no ceasefire is reached.

On March 30,Download the FXTM forex app official website former U.S. President Trump stated in an interview with NBC that if Russia causes the inability to achieve a ceasefire in the Russia-Ukraine conflict, the U.S. will impose "secondary tariffs" on buyers importing oil from Russia as a punishment.

In the phone interview, Trump expressed dissatisfaction with recent remarks made by Russian President Putin, saying he was "very angry" and "annoyed" with Putin, especially with comments questioning Ukrainian President Zelensky's credibility. Trump stated that if a ceasefire agreement cannot be reached with Russia in the future and the responsibility lies with Russia, the U.S. will impose high tariffs on all oil coming from Russia within a month.

He specifically stated, "If you buy oil from Russia, you won't be able to do business in the U.S. All Russian oil will be subject to a 'secondary tariff' of 25% to 50%." He emphasized that this is an economic pressure tactic on Russia and its oil buyers, aiming to facilitate the achievement of a ceasefire agreement.

Despite the tough language, Trump also pointed out that he has a "very good" relationship with Putin and revealed that they plan to speak again next week. He also emphasized that Putin is already aware of his current anger.

On the 27th of this month, Putin had expressed willingness to explore the possibility of establishing a temporary administrative body in Ukraine under the auspices of the United Nations, along with the U.S., Europe, and Russia's allies, to create conditions for democratic elections. This proposal has yet to receive a formal response from the U.S.

Trump's remarks indicate a hardening stance on the Russia-Ukraine conflict, highlighting his continued direct and assertive style in foreign policy.

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.