The Trump Report
The Trump Report
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Trump might consider 500% tariffs on Russian oil

Posted

April 27, 2025

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“Devastating sanctions would take oil from the global market and that, in turn, would inflict pain on European and US consumers.”

Russian exports account for 10% of global oil production and any major ‘secondary sanctions’, threatened by Donald Trump last night on Truth Social, would severely impact prices in the West, says Stephanie Baker, Bloomberg senior writer and author of Punishing Putin.

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Donald TrumpTruth SocialStephanie Baker BloombergPunishing Putin JoinTimes RadioThe Times

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Trump might consider 500% tariffs on Russian oil · The Trump Report · Sentinel