U.S. President Trump Threatens Tariffs on Russian Oil Buyers amid Tensions

News Snapshot:

In a bold move amidst escalating tensions, U.S. President Donald Trump has announced plans to impose secondary tariffs on buyers of Russian oil. The announcement follows a heated exchange with Russian President Vladimir Putin, who has criticized Ukrainian leadership under President Volodymyr Zelenskiy. Trump's announcement reflects his growing frustration with the ongoing conflict in Ukraine. His proposed tariffs, ranging from 25% to 50%, are part of his strategy to pressure Moscow into negotiating a ceasefire. This development adds another layer to the complex geopolitical landscape involving Russia, Ukraine, and Western nations. With these potential tariffs, global economic ripples are likely,...