**US President Donald Trump Threatens Russia with Tariffs and Sanctions**
In a move that signals his growing frustration with Moscow’s actions, US President Donald Trump has announced a 10-day deadline for Russia to take action on the Ukraine conflict. If no progress is made, the United States will impose tariffs and other measures on Russia.
**New Deadline Looms Large**
Trump initially set a 50-day deadline in June, but he shortened it after speaking with his team. This new deadline is more aggressive than the initial one, indicating that Trump is prepared to take action against Russia if no progress is made towards ending the conflict.
**Russia’s Actions Sparked Frustration**
The ongoing war between Ukraine and Russian-backed separatists has been a source of frustration for Trump, who had previously spoken about having a good relationship with Russian President Vladimir Putin. The US president has repeatedly called on Moscow to agree to a ceasefire, but so far, there has been no concrete action.
**Tariffs and Sanctions Looming Large**
Trump’s threat includes imposing tariffs and other measures not only on Russia but also on countries that buy Russian oil. This move is aimed at putting pressure on Russia to take action and potentially affecting its economy.
**Impact on Oil Market Debunked**
In a press conference, Trump dismissed concerns about the impact of sanctions on the oil market. He said he was confident that domestic oil production in the US would offset any potential effects.
**China Warned About Russian Oil Purchases**
US Treasury Secretary Scott Bessent revealed that he had warned Chinese officials during bilateral talks this week about the potential consequences of buying Russian oil. If China continues to purchase Russian oil, it could face high tariffs.
**Global Reaction Mixed**
The news has sparked mixed reactions around the world. Some have welcomed Trump’s move as a necessary step towards putting pressure on Russia, while others have expressed concerns about the potential for conflict. Former Russian President Dmitry Medvedev even warned that Trump’s actions could lead to war involving the United States.
Read More @ www.reuters.com
