Trump Considers Secondary Sanctions on Russia, Clarifies No 100% Secondary Tariffs Plan
2025-07-14 17:16:07
Main Idea
U.S. Secretary of Commerce clarified Trump's remarks on potential secondary sanctions targeting Russia's crypto sector, denying the imposition of 100% secondary tariffs.
Key Points
1. Trump previously suggested imposing 100% secondary tariffs on Russia if no agreement was reached within 50 days.
2. The U.S. Commerce Department clarified that Trump's remarks were about potential secondary sanctions on Russia's crypto sector, not 100% tariffs.
3. The clarification aims to delineate the U.S. government's stance on the issue.
Description
On July 15, U.S. Secretary of Commerce Ruttnik clarified that former President Trump’s remarks pertained to the potential implementation of secondary sanctions against Russia, rather than secondary tariffs. This distinction
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