Trump's threat of tariffs, sanctions on Russia over Ukraine may fall flat

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Trump's threat of tariffs, sanctions on Russia over Ukraine may fall flat - Business Standard

Quick Summary:

US President Donald Trump on Wednesday threatened to impose stiff taxes, tariffs and sanctions on Russia if an agreement isn't reached to end the war in Ukraine, a warning that is likely to fall on deaf ears in the Kremlin.

In a post on his Truth Social site on Wednesday, Trump urged Russian President Vladimir Putin to "settle now and stop this ridiculous war".

The United States already prohibits the import of virtually all Russian products, and Russia has faced a multitude of US and European sanctions since the invasion began almost three years ago.