US President Donald Trump is unlikely to move forward with a proposed 100% tariff on imports from Russia and its trading partners, due to concerns it could spark renewed tensions between Washington and Beijing, the New York Times reported Monday, citing experts.
Earlier this week, during a meeting with NATO Secretary-General Mark Rutte, Trump said he was “very unhappy” with Russia and threatened to impose tariffs of up to 100% on countries that continue trading with Moscow unless a deal to end the Ukraine conflict is reached within 50 days.
Analysts interviewed by the outlet questioned the credibility of the threat. They noted that…
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