Posted on 08/07/2025 12:48:22 PM PDT by Trump20162020
The oil market is shrugging off President Donald Trump’s threats to impose heavy tariffs on countries that buy Russian energy exports.
Trump has given Russia until Friday to agree to a ceasefire in Ukraine. If Moscow does not comply, the U.S. will impose 100% “secondary tariffs” on countries that buy Russian exports, the president has said. This would in theory force countries to choose between buying Russian oil or trading with the U.S.
India, China and Turkey are the most exposed as the three biggest importers of Russian oil. Trump on Wednesday targeted India with a 25% tariff for buying Russian crude, a much lower rate than the 100% penalty he originally threatened. Oil prices closed 1% lower as traders seem to believe the president is bluffing and the tariff won’t really go into effect.
“Given the price response to the news, it would appear that current threats are considered a negotiation tactic by Trump and little more,” Matt Smith, an oil analyst at Kpler, told CNBC.
(Excerpt) Read more at cnbc.com ...
People back down from believing CNBC would be a better article.
We’re supposed to be about Fair Trade...not blackmailing countries with unfair tariffs.
I don’t think anybody expected these secondary sanctions to go through.
It’s apparent at this point that 100% tariffs will not happen, and the dumb ass faction of neocon’s 500% tariffs just showed them to be stupid.
Because “fair trade” which has never existed is more important than ending the killing of Ukrainian, Russians and the mercenaries fighting alongside those Nations?
If he followed through....imagine what that would do to the war.....imagine all the people, living for today.....
Nah. Kill them all. Let God sort them out. We are talking MONEY, not pissants!
If you believe that, you’re a special kind of silly.
It’s one thing to use tariffs to affect an unbalanced trade situation.
Using tariffs to conduct foreign policy can cause unwanted wars.
He’s using a Biden tactic which failed miserable. Stop.
TACO man! TACO! (moron lefty talking point)
Isn’t it weird how all the ahos making the big, big bucks in America hate president and want to see him AND AMERICA fail?
These urinalists do not understand the concept of negotiation. They think it’s somehow cowardly to come towards the center after starting high.
There’s a reason why some people have material wealth and some do not.
India’s state-owned oil refineries have suspended oil purchases from Russia
https://news-pravda.com/world/2025/08/07/1575735.html
The article is putting forward a Straw Man argument, as if Trump45/47 would be ‘backing down’ if he made the slightest concession. But it’s the art of the deal and his opening offer is ALWAYS open to negotiations.
He always follows Sun Tzu’s advice to always leave the opponent an avenue of honorable retreat, and he always looks for a deal that lets both sides brag that they won ... something.
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