General Discussion

President Trump said on Monday the U.S. would impose 100 percent secondary economic sanctions on countries that trade with Russia if Moscow does not agree to a ceasefire in Ukraine in the next 50 days.

Trump threatens 'very severe' tariffs against Russia if no Ukraine deal within 50 days
In a nutshell, any country that continues to do trade with Russia will face a big tax to sell their products to the US.

If, for example, India keeps buying oil from Russia – which it has continued to do since the full-scale invasion of Ukraine in 2022 – US companies who purchase goods from India would have to pay a 100% import tax, or tariff, when the products reach American shores.

The idea is it makes these goods so expensive, US businesses would choose to buy them cheaper elsewhere, resulting in lost revenue for India.

The intention is also to hobble Russia’s economy. Theoretically, if it is unable to generate money by selling oil to other nations, it will have less cash to finance the war in Ukraine..