Trump Calls for NATO Oil Ban, Chinaโค Tariffs to halt ukraine War
WASHINGTON โ- โFormer President Donald Trump proposed a two-pronged strategy to end the conflict in Ukraine, โขurging NATO members toโ impose tariffs onโค Russian oil and, separately, threaten โsignificant tariffs on โคChina to diminish it’s influence over Russia. The proposals, outlined in a โsocialโฃ media post, โcomeโข as Congress considersโค legislation to strengthen sanctions againstโ Russia and follows Trump’s recentโ meeting withโ Russian President Vladimir Putin in Alaskaโค that yielded no breakthroughs in โคpeace negotiations.
Trump’s intervention injects a new, and perhaps disruptive, element โฃinto the ongoing debate over how to pressure Russia to end its 2022 invasion of Ukraine. Theโ proposals reflectโ Trump’s long-held views on trade andโ hisโ frequent criticism of โขboth China and NATO โallies. The stakes are high, as the war continues to claim livesโค and destabilize Europe, with international efforts to find a resolution thus far unsuccessful. The proposals are likely to โฃface โscrutiny from both Democrats and Republicans, given โtheir unconventional nature and potential economic ramifications.
According to Trump’s post, a NATO banโข on Russian oil, coupled with tariffs ranging from 50% to โ100% on Chinese โขgoods, would “break” China’s “strong control, and even grip, over Russia.” He suggested the tariffs on China should be โฃliftedโค only upon โa cessation of hostilities in Ukraine.
The former president also pointed to existing U.S. tradeโ policy as a precedent,โค noting his administration has already implemented a 25% import tax on goods from india โขdue to its continued purchase of Russian energy products.
In a controversial move, Trump attributed obligation for the โwar to his successor, โPresident Joe Biden, and โUkrainian President volodymyr Zelenskyy, conspicuously omitting anyโฃ blame for Putin, who initiated โขthe invasion.
Theโค proposals echo calls โmade during a recent meeting of financeโ ministers from the Groupโฃ of Sevenโค industrialized democracies. U.S. Trade Representative Jamieson greer andโ Treasury Secretary Scott Bessent โurgedโค a “unified front” to disrupt the financial flows supporting Putin’sโข war effort,accordingโค to Greer’s office.