Trump Says He'll Use Tariffs, Sanctions to Get Russia to Negotiate End of War
President Donald Trump posted that if Russian President Vladimir Putin doesn't "make a 'deal,' and soon, I have 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."
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The U.S. already hiked tariffs on nearly all Russian goods to 35%, 70% or 200% in 2023 (see 2302240006). According to Census Bureau data, the U.S. imported about $2.9 billion worth of goods from Russia in the first 11 months of 2024, down from $14.4 billion in 2022 and $29.6 billion in 2021.
Trump said that about tariffs after writing that "I’m not looking to hurt Russia. I love the Russian people, and always had a very good relationship with President Putin -- and this despite the Radical Left’s Russia, Russia, Russia HOAX. We must never forget that Russia helped us win the Second World War, losing almost 60,000,000 lives in the process. "