&w=3840&q=100)
Trump warns Russia of tariffs in 10 days unless Ukraine ceasefire is reached
US President Donald Trump has warned that the US will begin imposing sanctions and tariffs on Russia within 10 days unless Moscow shows signs of ending its war in Ukraine.
Speaking aboard Air Force One, Trump said he has yet to hear back from the Kremlin and saw no reason to delay. 'There's no reason to wait. If you know what the answer is going to be, why wait? And it would be sanctions and maybe tariffs, secondary tariffs,' he told reporters.
STORY CONTINUES BELOW THIS AD
The president had earlier given Russia a 50-day deadline, but said on Monday he was cutting it short due to the lack of progress. 'I'm going to make a new deadline of about… 10 or 12 days from today,' he said during a meeting with British Prime Minister Keir Starmer. 'We just don't see any progress being made.'
Trump also said he doesn't plan to speak with President Vladimir Putin again, adding that punitive economic measures will serve as the US response if Russia doesn't act.
He dismissed fears of oil market disruptions, saying increased domestic production would cushion any fallout.
Ukrainian President Volodymyr Zelenskyy welcomed Trump's remarks, calling them 'particularly significant.' In a post on X, he wrote: 'A clear stance and expressed determination by @POTUS – right on time, when a lot can change through strength for real peace… I thank President Trump for his focus on saving lives and stopping this horrible war.'
Kyiv had suggested a possible meeting between Zelenskyy and Putin before the end of August, but the Kremlin rejected the idea, saying any such summit must come only after concrete peace terms are in place.
Russia's foreign ministry has said that if the West truly wanted peace, it would stop arming Ukraine.
Trump, meanwhile, pointed to his past role in de-escalating conflicts between India and Pakistan, and Rwanda and Congo, saying his push for peace continues—though progress in Gaza remains elusive. Some global leaders have even floated his name for the Nobel Peace Prize.
STORY CONTINUES BELOW THIS AD
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
First Post
a few seconds ago
- First Post
Baloch leader to Trump: You've been ‘gravely misled' by Munir, Balochistan's resources don't belong to Pakistan
Baloch leader Mir Yar Baloch has warned Trump that he was 'gravely misled' by Pakistan about the true location of vast natural resources, saying they belong to Balochistan, not Pakistan. read more Baloch leader Mir Yar Baloch has issued a sharp warning to US President Donald Trump, accusing him of being 'gravely misled' by Pakistan's military leadership about the true ownership of vast natural resources in the region. In an open letter, Mir Yar Baloch stated that General Asim Munir and Islamabad's diplomatic channels had falsely claimed that massive reserves of oil, natural gas, copper, lithium, uranium, and rare earth minerals were part of Pakistan, when in fact, he said, they rightfully belong to Balochistan. STORY CONTINUES BELOW THIS AD 'Your recognition of the vast oil and mineral reserves in the region is indeed accurate. However, with due respect, it is imperative to inform your administration that you have been gravely misled by the Pakistani military leadership, particularly General Asim Munir, and by their diplomatic channels regarding the true geography and ownership of these critical resources,' he wrote. He further asserted that these untapped deposits are not located in Punjab—the core territory of Pakistan—but in the 'Republic of Balochistan,' which he described as 'a historically sovereign nation currently under illegal occupation by Pakistan.' 'These untapped reserves of oil, natural gas, copper, lithium, uranium, and rare earth minerals are not located within the territories of Punjab, which is the actual Pakistan. They belong to the Republic of Balochistan, a historically sovereign nation currently under illegal occupation by Pakistan. The claim that these resources belong to Pakistan is not only false, it is a deliberate attempt to misappropriate Balochistan's wealth for political and financial gain,' Baloch added. He also warned that granting Pakistan access to Balochistan's mineral riches would empower its military and intelligence services—specifically the ISI—which he accused of a long record of sponsoring terrorist groups. 'Such access would significantly enhance the operational and financial capabilities of the ISI, enabling it to expand its global terror networks, recruit more militants, and potentially facilitate large-scale attacks reminiscent of 9/11,' he cautioned. Reaffirming Balochistan's stand, he declared the region was not 'for sale.' 'We will not permit Pakistan, China, or any other foreign power to exploit our land or its resources without the explicit consent of the Baloch people. Our sovereignty is non-negotiable, and our struggle for rightful ownership and independence continues with dignity and resilience,' he said in the letter. STORY CONTINUES BELOW THIS AD The statement came after Trump announced a major energy partnership with Islamabad, under which the US and Pakistan would jointly develop what he described as 'their massive oil reserves.' 'We are in the process of choosing the Oil Company that will lead this Partnership,' Trump wrote on Truth Social. Meanwhile, Pakistan's largest refinery, Cnergyico, claimed to have finalised a deal with Vitol to import 1 million barrels of American oil, according to the company's vice chairman, Usama Qureshi, who spoke to Reuters.
India Today
a few seconds ago
- India Today
Chandrababu Naidu flags US tariff impact on Andhra aqua farmers, assures support
Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday said his government will take necessary steps in response to the 25% tariff imposed by the United States on Indian products, highlighting its potential impact on the state's aqua Naidu, whose Telugu Desam Party is an NDA partner at both the state and national levels, is the first Chief Minister to raise concerns about the impact of the made this statement while addressing farmers in Darsi during the launch of the PM KISAN - Annadata Sukhibhava scheme. Naidu said the 25% tariff imposed by US President Donald Trump will increase the burden on aqua farmers in the state. He said the government is aware of the issue and will discuss it with farmers to prepare an action plan. He further said the state provides electricity to aqua farmers at a subsidised rate of 1.50 paise per unit."We are supporting aqua farmers by giving them electricity at 1.50 paise per unit of current. The increase in tariff in America will burden the aqua farmers in the state. We have taken it into cognisance and we will discuss with the farmers in a day or two and formulate an action plan. Fishermen were given Rs. 10,000 earlier, but now Rs. 20,000 each. We have given money to 1,29,178 people under the matsyakarula sevalo,' he said while addressing the July 31, US President Donald Trump announced tariffs on Indian products and warned of further in April, Naidu had written to the central government seeking protection for Andhra Pradesh's aquaculture sector from the US his letter to Union Commerce and Industry Minister Piyush Goyal, he urged the Centre to take steps to secure an exemption for aqua products from the additional duties imposed by the Trump administration.- EndsTune InMust Watch IN THIS STORY#Andhra Pradesh
Hindustan Times
a few seconds ago
- Hindustan Times
Despite Trump statements, Russia oil buys seen still on
New York/Washington : US President Donald Trump claimed on Saturday he had heard India would no longer purchase Russian oil, calling it a 'good step', days after opening an unexpected salvo at New Delhi for its close trade and military ties with Moscow. US President Donald Trump(REUTERS) 'Well, I understand India no longer is going to be buying oil from Russia. That's what I heard. I don't know if that's right or not, but that's a good step. We'll see what happens,' Trump told reporters on Friday. His remarks bear significance due to his threats of punitive measures against nations that purchase oil from Russia, which is seen as being crucial to Moscow's war on Ukraine. However, new reports on Saturday cited senior Indian officials as saying there had been no change in policy, with one stating the government had 'not given any direction to oil companies' to cut back imports from Russia. India has become one of Russia's largest oil customers since Western sanctions drove down prices, helping Moscow maintain crucial export revenues whilst providing New Delhi with cheaper energy to fuel its growing economy. Earlier in the week, Trump formalised 25% tariffs on Indian exports through an executive order covering around 70 nations, though the document notably omitted the additional 'penalty' he had previously threatened over India's Russian energy purchases – a measure that America could still take. Ministry of external affairs spokesperson Randhir Jaiswal, when asked at Friday's weekly briefing about reports claiming Indian oil companies had stopped buying Russian oil, said: 'As far as sourcing India's energy requirements is concerned, we take decisions based on the price at which oil is available in the international market and depending on the global situation at that time.' The US president has repeatedly criticised India's energy ties with Russia whilst announcing punitive trade measures. Declaring a 'massive trade deficit with India,' Trump argued that while 'India is our friend, we have, over the years, done relatively little business with them because their tariffs are far too high, among the highest in the world.' He described India as having 'the most strenuous and obnoxious non-monetary Trade Barriers of any country,' while noting that 'they have always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of energy, along with China, at a time when everyone wants Russia to stop the killing in Ukraine.' New reports on Saturday stated India will keep purchasing oil from Russia despite Trump's threats of penalties. Two Indian government sources told Reuters on Saturday, not wishing to be identified, that: 'These are long-term oil contracts. It is not so simple to just stop buying overnight.' Russia is the leading supplier to India, the world's third-largest oil importer and consumer, accounting for about 35% of its overall supplies. India imported about 1.75 million barrels per day of Russian oil from January to June this year, up 1% from a year ago, according to data provided to Reuters by sources. Justifying India's oil purchases, a second government source said India's imports of Russian grades had helped avoid a global surge in oil prices, which have remained subdued despite Western curbs on the Russian oil sector. Unlike Iranian and Venezuelan oil, Russian crude is not subject to direct sanctions, and India is buying it below the current price cap fixed by the European Union, the source said. However, sources told Reuters this week that Indian state refiners stopped buying Russian oil after July discounts narrowed to their lowest since 2022—when sanctions were first imposed on Moscow—due to lower Russian exports and steady demand. Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd have not sought Russian crude in the past week or so, four sources told Reuters.
