News

06 Aug 2025

Trump prepares to impose more tariffs on Russian oil buyers

US President Donald Trump hinted at imposing increased tariffs on additional countries that buy energy from Russia, including China, after stating on Tuesday that he would raise tariffs on Indian exports within 24 hours.

When asked by reporters whether he would follow through on his previous threat to impose tariffs on additional countries, including China, Trump said, "We're going to do a lot of that. We'll see what happens in the next little while," according to Bloomberg.

However, he claimed he had not specified a percentage to impose on Russia's trading partners, adding, "We have a meeting with Russia, and we'll see what happens. We'll make our decision then."

US Special Envoy Steve Witkoff is expected to travel to Russia for meetings this week with Russian officials, ahead of Trump's August 8 deadline for Moscow to reach a truce with Ukraine

Latest News

#News 07 Aug 2025
Trump: Billions of dollars flowing into the United States as new tariffs begin

US President Donald Trump said on Thursday that "billions of dollars" are flowing into the United St...

Read More
#News 07 Aug 2025
China's exports rise more than expected despite US tariffs

China's exports rose more than expected in July, at the fastest pace since April, despite higher tar...

Read More
#News 06 Aug 2025
Euro nears two-week high on Fed

The euro rose on Wednesday against a basket of global currencies, extending its gains for the second...

Read More
#News 06 Aug 2025
European gas prices fall as Washington's moves against Moscow continue

Natural gas prices in Europe fell during Wednesday's trading, amid market caution regarding US Presi...

Read More
arrow
واتس آب