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Basking Ridge, Sep 13 (AP) President Donald Trump said Saturday he believes the Russia-Ukraine war would end if all NATO countries stopped buying oil from Russia and placed tariffs on China of 50 per cent to 100 per cent for its purchases of Russian petroleum.
Trump posted on his social media site that NATO'S commitment to winning the war "has been far less than 100%" and the purchase of Russian oil by some members of the alliance is “shocking.” As if speaking to them, he said, “It greatly weakens your negotiating position, and bargaining power, over Russia.” NATO member Turkiye has been the third largest buyer of Russian oil, after China and India. according to the Centre for Research on Energy and Clean Air. Other members of the 32-state alliance involved in purchasing Russian oil include Hungary and Slovakia.
The letter comes at a tense moment in the conflict after the recent flight of multiple Russian drones into Poland, an escalatory move by Russia as it was entering the airspace of NATO ally. Poland shot down the drones. It also comes as the Congress is trying to get him behind a bill toughening sanctions.
Trump in his post said that a NATO ban on Russian oil plus tariffs on China would “also be of great help in ENDING this deadly, but RIDICULOUS, WAR.” The president said that NATO members should put the 50 per cent to 100 per cent tariffs on China and withdraw them if the war that launched with Russia's 2022 invasion of Ukraine ends.
“China has a strong control, and even grip, over Russia," he posted, and powerful tariffs “will break that grip.” The US president has already placed a 25 per cent import tax on goods from India for its buying of Russian energy products.
In his post, Trump said responsibility for the war fell on his predecessor, Democrat Joe Biden, and Ukrainian President Volodymyr Zelenskyy. He did not include in that list Russian President Vladimir Putin, who launched the invasion. (AP) GSP
Trade tariffs proposed to pressure energy purchasers and weaken external support for the belligerent through coordinated trade restrictions. Recommendation that NATO members implement a ban on Russian oil purchases and that major trading partners face temporary tariffs on Russian petroleum until the conflict ends, presenting trade restraints and tariffs as tools of economic statecraft to weaken external support for the belligerent and restore bargaining leverage; withdrawal of duties is proposed as the conditional mechanism to resume normal trade post conflict.Press 'Enter' after typing page number.