Posted on 03/30/2025 8:56:45 AM PDT by marshmallow
Trump said that would be that if you buy oil from Russia, you can’t do business in the United States
NEW YORK, March 30. /TASS/. The United States will introduce secondary restrictions against Russian oil if Russia does not make the deal to peacefully settle the Ukrainian conflict, President Donald Trump said in a comment to NBC News.
"If Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think it was Russia’s fault — which it might not be — but if I think it was Russia’s fault, I am going to put secondary tariffs on oil, on all oil coming out of Russia," Trump said.
"That would be that if you buy oil from Russia, you can’t do business in the United States. There will be a 25% tariff on all oil, a 25-to 50-point tariff on all oil," he added.
Good luck on that...
TASS. Telegraph Agency of the Soviet Union.
There is currently no ceasefire, because Putin refuses to stop invading Ukraine. Zelensky agreed to the Trump proposed immediate 30 day total ceasefire which was to preclude negotiations. Putin turned it down, demanding many additional concessions.
Mind numbing to not already be doing that.
Putin pushed President Trump to force Ukraine to hold elections after the Easter ceasefire.
Zelensky agreed to hold elections after the ceasefire was in place. He agreed to end martial law so elections could move forward under the Ukrainian constitution.
Now Putin is in a panic.
And President Trump is angry at Putin for trying to back out of the deal.
When Russia launched its full scale invasion of Ukraine over three years ago, the world was not ready to replace Russian supplies of oil and gas. Any such sanctions then, would have induced shortages, and astronomical price hikes.
Since that invasion, large investments have been made, much of Russia’s natural gas has already been replaced, and surplus capacity now exists to replace more than the amount of oil that Russia now exports.
Indeed, Saudi Arabia alone now has enough surplus capacity to replace current Russian oil exports, and non-OPEC projects outside of the USA are also coming online this year at an exceptionally high rate.
Secondary sanctions on Russian oil would likely raise the price somewhat, and cause a surge in US production as well.
Everybody! Party on Russia’s former market share! If you don’t take it, someone else will.
This is a credible strategy, that would be a catastrophic cost to Russia’s economy, which sinks or swims based on its oil revenues.
Drill, refine, and transport in America!
An empty threat he cannot enforce.
Bluster.
“Make a deal or we’ll invade/bomb you” seems to be a growing Trump stance.
What’s left to restrict?
I am all in for President Trump, but he needs to think hard about what he said….
Senile Joe’s weaponizing the USD and Sanctions gave the world a very, very bad signal….enough for many to start selling off our debt instruments.
The US is the world’s largest consumer, at this point we need much of what the world exports to us. Many think the Brics have some how vanished…they have not, and are quietly plotting against us.
47 testing how low the US stock market can be driven before the whole thing crashes.
Bull, both of them are being intransagent.
Let the stupid Russians and Ukrainian s keep slaughtern8ng eachother while we wash are hands of it!
Oh, stuff it.
He’s angry with both sides. Tier is NO more reason for us to be involved. To h—l with them both!
Let Europe solve there own dmm problems for once!
Pushing Russia further into China’s orbit/camp is epic stupidity. Trump appears to have chosen morons for foreign policy yet again.
All the while declaring what is essentially a global trade war at the same time. Driving away your allies while uniting your enemies. Fighting everyone, everywhere all at once is a bold strategy, Cotton.
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