Trump threatens ’very severe tariffs’ on Russia if Ukraine deal not reached

Published 14/07/2025, 16:24

Investing.com -- President Donald Trump announced Monday that the United States will impose "very severe tariffs" on Russia in 50 days if no deal is reached to end the war in Ukraine.

During a meeting with NATO Secretary General Mark Rutte in the Oval Office, Trump revealed that an agreement had been made to send weapons to Ukraine. "Made deal today to send weapons to Ukraine," Trump stated.

The president added that the U.S. would be "sending the best to NATO" and that the effort "will be coordinated by NATO."

Trump expressed disappointment with Russian President Vladimir Putin during the Oval Office meeting, where he sat side-by-side with Rutte.

The NATO Secretary General emphasized European participation in the initiative, stating, "This is Europeans stepping up" and "European countries want to be part of it." Rutte described the current support as "the first wave," indicating that "there will be more."

Rutte also confirmed that participating countries would "move equipment quickly into Ukraine" as part of this coordinated effort.

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