Understanding secondary tariffs: Why few expect Trump to make good on his threat to Putin
Briefly

Donald Trump has gradually transformed his position on Ukraine, evolving from blaming Zelenskiy for the Russian invasion to expressing dissatisfaction with Vladimir Putin. His recent remarks suggest he feels pressured to adopt a stronger stance, threatening secondary tariffs on Russia contingent upon a peace deal within 50 days. Markets have responded skeptically, as demonstrated by falling oil and gas prices. The proposed tariffs target countries such as India and China, which continue to buy Russian goods, rather than directly taxing Russian exports.
Trump's moderate shift on Ukraine contrasts sharply with his previous stance, as he now criticizes Putin and threatens tariffs if a peace deal isn't reached.
The recent threats of secondary tariffs aim to pressure nations like India and China that buy Russian goods, instead of directly taxing Russia's exports.
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