Earlier today, Trump increased India's tariffs to 50% (up 25%) as a penalty for importing Russian oil. The administration is looking to strangle Russia via its oil sales. At the same time, he is also sending the message to those how deal with Russia, that if you do, expect sharply higher tariffs on your exports into the US.
In other related news, Trump is expected to speak to Ukrainian Pres. Zelenskiy after WH Witkoff spoke with Russian Pres. Putin. Kremlin aide Ushakov said that talks with U.S. Special Envoy Witkoff were useful and constructive. From Russia’s side, they sent “signals” and have “received some signals” from U.S. President Trump. The discussions covered the Ukraine crisis and the prospects for developing the Russia-U.S. partnership.
Trump also sent 2 nuclear subs to "appropriate regions" due to provocative statements from the former Pres. of Russia Dmitry Medvedev (see post here).
For your daily market-moving information, visit InvestingLive.com.
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about russian sanctions trump reportedly to sanction moscow s covert fleet of oil tankers was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Russian sanctions: Trump reportedly to sanction Moscow's covert fleet of oil tankers )
Also on site :