The president announced the tariff threat against Russia as he hosted NATO Secretary-General Mark Rutte at the White House on July 14.
President Donald Trump threatened to impose a 100 percent secondary tariff on Russian goods if Moscow doesnโt agree to a deal to resolve the Ukraine conflict within the next 50 days.
โIโm disappointed in [Russian President Vladimir Putin], because I thought we would have had a deal two months ago, but it doesnโt seem to get there,โ Trump said as he hosted NATO Secretary-General Mark Rutte at the White House on July 14.
โSo based on that, weโre going to be doing secondary tariffs. If we donโt have a deal in 50 days, itโs very simple, and they’ll be at 100 percent and thatโs the way it is.โ
Secondary tariffs target the countries that trade with a sanctioned country. In this case, a secondary tariff would target countries that continue to trade with Russia.
Trump presented his 100 percent tariff threat as being separate from new legislation that members of Congress are preparing, which would allow for secondary tariffs of as much as 500 percent against Russiaโs trade partners.
โWe can do secondary tariffs without the Senate, without the House, but what theyโre crafting also could be very good,โ Trump said.
Rutte arrived at the White House on Monday morning as part of a planned two-day visit to include meetings with Trump, Secretary of State Marco Rubio, Secretary of Defense Pete Hegseth, and some members of Congress.
In addition to the new tariff threat against Russia, Trump indicated he has prepared a new framework for European allies to reimburse the United States for the cost of continuing to supply Ukraine with military support.
โWe made a deal today where we are going to be sending them weapons and theyโre going to be paying for them,โ Trump said. โThe United States will not be having any payment made. Weโre not buying it, but we will manufacture it, and theyโre going to be paying for it.โ
Rutte said Trumpโs desire to continue supplying Ukraine with military equipment, albeit with Europe covering the costs, is โtotally logical.โ
The NATO secretary-general said several alliance membersโnotably Germany, Finland, Denmark, Sweden, Norway, the United Kingdom, and the Netherlandsโare also preparing weapons packages for Ukraine. He said this will allow the U.S. military to better stockpile the weapons it needs for its direct needs, while ensuring Ukraine can also receive โmassive numbers of military equipment.โ
This is a developing story and will be updated with additional details.
By Ryan Morgan