President Donald Trump threatened to impose tariffs and penalties on Russia if Moscow did not “make a deal” and put an end to the war with Ukraine. Russia has replied. It depends on what a “deal” implies, according to Dmitry Polyanskiy, Russia’s deputy ambassador to the UN, as reported by Reuters.CONTINUE FULL READING>>>>>
Outside of work hours, Newsweek emailed the Trump transition team to get comment. Newsweek also emailed the Russian authorities to get comment.
The Significance of It In addition to hurting Moscow’s faltering economy, Trump’s warning may exacerbate tensions between Russia and the United States and complicate peace talks with Ukraine. Since tariffs put on goods by one nation may have an impact on other countries that import the items, the implementation of sanctions and tariffs may also have long-term effects on international markets.
According to the U.S. Department of the Treasury, the tariffs on Russian goods may also have an indirect effect on American consumers by influencing market pricing in the United States, especially for materials created with specific metals that the nation no longer imports.
Things You Should Know Trump threatened Russia’s economy and claimed it was “ONLY GOING TO GET WORSE” in a post on Truth Social on January 22. Unless we strike a “deal.” He stated that he had “no other choice but to put high levels of Taxes, Tariffs, and Sanctions on anything being sold by Russia to the United States, and various other participating countries.”
“It’s not just the question of ending the war,” Polyanskiy responded to Reuters. Priority one should be given to addressing the underlying causes of the Ukrainian issue. “We need to see what the ‘deal’ means in President Trump’s understanding,” he continued. He is in a position to halt this nefarious agenda, but he is not accountable for the actions of the United States in Ukraine since 2014, which have been labeling it ‘anti-Russia’ and preparing for war with us.
Vladimir Putin, the president of Russia, said the same thing shortly after Trump took office. Speaking to high-ranking officials, he stated that if the parties could resolve “the root causes” of the conflict, he would be open to pursuing peace talks with the incoming government.
It was shortly after his inauguration that the U.S. president pushed Moscow to stop the war. He had promised to do so within “24 hours,” but then changed it to six months, before leaving the White House. Keith Kellogg, Trump’s choice for special envoy to Russia and Ukraine, has expressed a similar belief that peace might be reached in 100 days.
Numerous Western nations, including the United States, have imposed sanctions on Russia since the start of the conflict with Ukraine. On January 10, sanctions were placed on Moscow’s shadow fleet, which directly affected the nation’s energy industry. According to Bloomberg, Trump’s administration is allegedly planning new oil restrictions to put pressure on Russia to stop the conflict.
What Individuals Are Saying Bill Kristol, director of Defending Democracy Together, posted on X, formerly known as Twitter: “But Russia already prevented from selling anything in U.S. Therefore, it appears that the threat of “taxes, tariffs, and sanctions” is baseless. Trump must increase his support for Ukraine if he hopes to exert pressure on Putin. Otherwise, Putin will disregard Trump’s feeble words.”
“Trump threatens to impose ‘taxes, tariffs, and sanctions’ on Russia if it does not negotiate an end to the war in Ukraine,” writes Peter Baker, The New York Times’ chief White House correspondent. However, sanctions haven’t compelled Russia to end the conflict over the past two years, and there isn’t nearly enough trade between the US and Russia to warrant tariffs in the first place.
In contrast to, say, $700 billion in commerce between the U.S. and Canada during the same period, the total value of trade between the U.S. and Russia in the first 11 months of 2024 was only $3.4 billion. The tiny amount of trade that Russia has with the United States has already decreased from $20 billion in 2022.
What Follows It is currently unclear when the U.S.-sponsored peace talks between Russia and Ukraine will start and whether Moscow is prepared to make any compromises to put an end to the conflict.CONTINUE FULL READING>>>>>
