Trump reiterated: If Russia does not end the Russia-Ukraine conflict, it will face a tariff storm in 10 days
2025-07-30 09:23:04
Amidst ongoing global geopolitical tensions, US President Trump recently issued a stern warning to Russia, stating that if Russia fails to make substantial progress in ending the conflict with Ukraine, the US will impose severe tariffs and other sanctions in 10 days. This statement has not only exacerbated tensions between the US and Russia, but has also brought new uncertainties to the global economy and energy markets.
On Monday (July 28), Trump publicly announced for the first time that he would significantly shorten the deadline previously set for Russia to take action. About a month ago, Trump had given Russia 50 days to take action to end the conflict between Russia and Ukraine, but now that deadline has been shortened to 10 to 12 days. Trump reiterated this position in an interview on Tuesday (July 30), stating that he had not yet received any response from Russia. This sudden reduction in the deadline was interpreted by some as a tactic to increase pressure on Russia, aiming to force Russian President Vladimir Putin to make concessions on the Ukraine issue.
Speaking to reporters aboard Air Force One, Trump expressed disappointment with Russia's stance, believing Putin seemed uninterested in ending the conflict, which has lasted over three years. He explicitly stated that if Russia failed to demonstrate sincerity in ending the conflict within 10 days, the United States would take swift action, including tariffs and other economic sanctions. This tough stance not only demonstrated Trump's deep concern for the Ukraine issue but also reflected the United States' determination to influence Russian policy on the international stage through economic means.
Amid concerns about potential volatility in the global oil market caused by sanctions against Russia, Trump has expressed remarkable confidence. He stated that he is not concerned about the potential impact of Russian sanctions on oil prices or market supply. To address potential market volatility, Trump pledged to significantly increase domestic oil production in the United States to ensure energy market stability. He emphasized that the United States has the ability to offset any supply shortages caused by sanctions against Russia by increasing its own energy production.
Trump's statement has sparked widespread attention on US energy policy. Analysts point out that the US has made significant progress in shale oil and natural gas in recent years, achieving a certain degree of energy self-sufficiency. However, if Russian oil exports are restricted, the global energy market could still face short-term volatility, with the impact potentially being more significant for European countries that rely on Russian energy.
In addition to direct pressure on Russia, the Trump administration has also targeted Russia's trading partners.
In a speech in Scotland, Trump publicly threatened not only to impose sanctions on Russia but also to impose secondary sanctions on countries and companies that continue to trade with Russia. This strategy is seen as another move by the United States to isolate Russia through economic means.
Trump's ultimatum triggered a sharp reaction from Russia. Former Russian President and close Putin ally Dmitry Medvedev, in a post on the social media platform X, harshly criticized Trump for playing a dangerous "ultimatum game." He warned that such high-pressure tactics could lead to further escalation and even a larger-scale conflict involving the United States. Medvedev's remarks reflected Russia's strong dissatisfaction with the US sanctions threat and cast a new shadow over US-Russia relations.
Trump's 10-day warning to Russia is not only a direct intervention in the Russia-Ukraine conflict, but also a bombshell in the global geopolitical and economic landscape. From shortening the action deadline to threatening tariffs and secondary sanctions, the Trump administration has demonstrated unprecedented toughness. However, whether this high-pressure policy will force Russia to change its stance remains to be seen. Meanwhile, the potential energy market volatility and further tensions in Sino-US relations caused by the sanctions add further uncertainty to the global situation. Over the next 10 days, the international community will closely monitor Russia's response and whether the United States will fulfill its sanctions commitments.
Impact on gold prices
Trump's hardline stance has heightened geopolitical tensions, particularly in the context of US-Russia relations and the Russia-Ukraine conflict. Geopolitical uncertainty typically drives investors toward safe-haven assets, and gold, as a traditional safe-haven asset, could benefit, leading to a short-term price increase. However, if sanctions lead to a global economic slowdown or a strengthening of the US dollar (as increased US tariffs could boost the dollar), gold prices could face some downward pressure. Overall, geopolitical risks dominate in the short term, and gold prices are more likely to receive upward support.
Impact on oil prices
Russia is one of the world's major oil exporters. If the United States imposes sanctions, particularly secondary sanctions targeting Russian oil exports, it could tighten global oil supply and tend to push up oil prices. Trump has stated that he will increase domestic oil production to offset the impact, but in the short term, increased US production may not fully offset the potential shortfall in Russian oil, especially given Europe's high reliance on Russian energy. Furthermore, global market supply constraints could further intensify, providing upward momentum for oil prices. US crude oil has continued to rise over the past two trading days, gaining over 6% cumulatively, reaching a more than one-month high of $69.76 per barrel during Wednesday's intraday trading. However, if the sanctions are not implemented as strictly as expected or Russia quickly compromises, upward pressure on oil prices could ease.
At 09:21 Beijing time, U.S. crude oil is currently trading at $69.12 per barrel.
Trump shortens deadline for Russia operation, escalates pressure
On Monday (July 28), Trump publicly announced for the first time that he would significantly shorten the deadline previously set for Russia to take action. About a month ago, Trump had given Russia 50 days to take action to end the conflict between Russia and Ukraine, but now that deadline has been shortened to 10 to 12 days. Trump reiterated this position in an interview on Tuesday (July 30), stating that he had not yet received any response from Russia. This sudden reduction in the deadline was interpreted by some as a tactic to increase pressure on Russia, aiming to force Russian President Vladimir Putin to make concessions on the Ukraine issue.
Speaking to reporters aboard Air Force One, Trump expressed disappointment with Russia's stance, believing Putin seemed uninterested in ending the conflict, which has lasted over three years. He explicitly stated that if Russia failed to demonstrate sincerity in ending the conflict within 10 days, the United States would take swift action, including tariffs and other economic sanctions. This tough stance not only demonstrated Trump's deep concern for the Ukraine issue but also reflected the United States' determination to influence Russian policy on the international stage through economic means.
Unfazed by oil market impact, Trump vows to boost domestic production
Amid concerns about potential volatility in the global oil market caused by sanctions against Russia, Trump has expressed remarkable confidence. He stated that he is not concerned about the potential impact of Russian sanctions on oil prices or market supply. To address potential market volatility, Trump pledged to significantly increase domestic oil production in the United States to ensure energy market stability. He emphasized that the United States has the ability to offset any supply shortages caused by sanctions against Russia by increasing its own energy production.
Trump's statement has sparked widespread attention on US energy policy. Analysts point out that the US has made significant progress in shale oil and natural gas in recent years, achieving a certain degree of energy self-sufficiency. However, if Russian oil exports are restricted, the global energy market could still face short-term volatility, with the impact potentially being more significant for European countries that rely on Russian energy.
Warning: Buying Russian oil will face high tariffs
In addition to direct pressure on Russia, the Trump administration has also targeted Russia's trading partners.
In a speech in Scotland, Trump publicly threatened not only to impose sanctions on Russia but also to impose secondary sanctions on countries and companies that continue to trade with Russia. This strategy is seen as another move by the United States to isolate Russia through economic means.
Russia responds strongly, and the risk of war looms
Trump's ultimatum triggered a sharp reaction from Russia. Former Russian President and close Putin ally Dmitry Medvedev, in a post on the social media platform X, harshly criticized Trump for playing a dangerous "ultimatum game." He warned that such high-pressure tactics could lead to further escalation and even a larger-scale conflict involving the United States. Medvedev's remarks reflected Russia's strong dissatisfaction with the US sanctions threat and cast a new shadow over US-Russia relations.
Summary: The global situation has become more uncertain
Trump's 10-day warning to Russia is not only a direct intervention in the Russia-Ukraine conflict, but also a bombshell in the global geopolitical and economic landscape. From shortening the action deadline to threatening tariffs and secondary sanctions, the Trump administration has demonstrated unprecedented toughness. However, whether this high-pressure policy will force Russia to change its stance remains to be seen. Meanwhile, the potential energy market volatility and further tensions in Sino-US relations caused by the sanctions add further uncertainty to the global situation. Over the next 10 days, the international community will closely monitor Russia's response and whether the United States will fulfill its sanctions commitments.
Impact on gold prices
Trump's hardline stance has heightened geopolitical tensions, particularly in the context of US-Russia relations and the Russia-Ukraine conflict. Geopolitical uncertainty typically drives investors toward safe-haven assets, and gold, as a traditional safe-haven asset, could benefit, leading to a short-term price increase. However, if sanctions lead to a global economic slowdown or a strengthening of the US dollar (as increased US tariffs could boost the dollar), gold prices could face some downward pressure. Overall, geopolitical risks dominate in the short term, and gold prices are more likely to receive upward support.
Impact on oil prices
Russia is one of the world's major oil exporters. If the United States imposes sanctions, particularly secondary sanctions targeting Russian oil exports, it could tighten global oil supply and tend to push up oil prices. Trump has stated that he will increase domestic oil production to offset the impact, but in the short term, increased US production may not fully offset the potential shortfall in Russian oil, especially given Europe's high reliance on Russian energy. Furthermore, global market supply constraints could further intensify, providing upward momentum for oil prices. US crude oil has continued to rise over the past two trading days, gaining over 6% cumulatively, reaching a more than one-month high of $69.76 per barrel during Wednesday's intraday trading. However, if the sanctions are not implemented as strictly as expected or Russia quickly compromises, upward pressure on oil prices could ease.
At 09:21 Beijing time, U.S. crude oil is currently trading at $69.12 per barrel.
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