logo
Trump Threatens Tariffs on Russia if Putin Fails to End War

Trump Threatens Tariffs on Russia if Putin Fails to End War

Donald Trump has threatened Russia with 'very severe tariffs​' should it fail to reach a cease-fire deal with Ukraine within 50 days, signaling a hardened U.S. stance as the war enters a volatile new phase.
'We're going to be doing secondary tariffs if we don't have a deal in 50 days,' the U.S. President said during a meeting at the White House with NATO Secretary General Mark Rutte. 'It's very simple, and they'll be at 100%.'
The proposed measures would target any country continuing to do business with Russia, effectively pressuring global partners to isolate Moscow economically.
Trump also confirmed that the United States would send Patriot missile systems to Ukraine as part of a broader weapons package coordinated through NATO.
'We're going to have some [Patriots] come very soon, within days,' he said. 'A couple of the countries that have patriots are going to swap over.'
The Patriot system is a highly effective air-defense platform that includes a radar station to detect incoming threats, a command center to coordinate the response, and a missile launcher capable of firing interceptor missiles, each valued at approximately $3 million.
Rutte will also meet with Secretary of State Marco Rubio on Tuesday, as U.S. and NATO leaders consider further joint action to support Ukraine and counter Russia's military aggression.
When asked if this deal would push Putin towards a peace agreement with Ukraine, Trump replied: 'I think this is a chance at getting peace, or it's just going to be the same thing.'
Trump criticized the Russian leader, describing Putin as unpredictable. 'I speak to him a lot about getting this thing done, and I always hang up and say 'well that was a nice phone call' and then missiles are launched into Kyiv,' he said. 'After that happens three or four times you say 'the talk doesn't mean anything'.'
'I don't want to say he's an assassin, but he's a tough guy, he fooled a lot of people,' he continued.
Trump has made a number of recent criticisms of his Russian counterpart. Following a call with the Russian leader on July 4, he told reporters he was 'very disappointed' with their conversation. 'I don't think he's there… I'm just saying I don't think he's looking to stop, and that's too bad.'
Hours later, Russia carried out what was its largest aerial attack at the time on Ukraine since the start of its invasion of the country in 2022.
Four days later, following another overnight barrage on Ukrainian cities, Trump again voiced his frustration.
'We get a lot of bullsh-t thrown at us by Putin, if you want to know the truth,' he said. 'He's very nice to us all the time, but it turns out to be meaningless.'
Kremlin spokesman Dmitri Peskov responded dismissively, saying, 'Trump's way of talking is generally quite harsh, the phrases he uses,' adding that Moscow felt 'pretty calm' about his words.
Trump was also said to be considering a bipartisan Senate proposal to impose sanctions on Russia oil exports in response to Putin's seeming lack of willingness to negotiate on the war.
The surge in U.S. military commitments follows a brief but controversial pause in American munitions shipments to Ukraine earlier this month. That decision — authorized by Defense Secretary Pete Hegseth following a routine review of Pentagon spending — was not initially communicated to the White House, as first reported by CNN.
When asked about who authorized the pause during a Cabinet meeting on July 8, Trump responded: 'I don't know, why don't you tell me?'
The pause came amid growing scrutiny of defense spending and questions over U.S. leadership within NATO. At the 2025 NATO Summit in the Netherlands, member states committed to a defense spending target of 5% of GDP by 2035 — a significant shift from earlier commitments.
When pressed then about whether the U.S. would send anti-aircraft missiles to Ukraine, Trump responded: 'We're going to see if we can make some available.'
Since then, Trump has continued to send mixed signals, expressing both impatience with Russia and an openness to negotiation.
Trump also revealed that Putin had recently offered to assist in mediating between Israel and Iran during their brief June conflict — an offer he declined. 'I said, 'No, no, you help me get a settlement with you, with Russia,'' Trump recounted. 'And I think we're going to be doing that too.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The European Charm Offensive That Helped Turn Trump Against Putin
The European Charm Offensive That Helped Turn Trump Against Putin

Wall Street Journal

time32 minutes ago

  • Wall Street Journal

The European Charm Offensive That Helped Turn Trump Against Putin

BERLIN—After seeing footage of Russian airstrikes on Ukrainian cities late on July 11, President Trump called German Chancellor Friedrich Merz on his cellphone to express frustration over Vladimir Putin's continued assault on his smaller neighbor, according to two people familiar with the was surprised, these people said, but quickly realized Trump had lost patience with the Russian president. Trump said he was now ready to accept an offer Merz had made days earlier: to use German funds to buy U.S.-made weapons for Ukraine, the two officials said. 'President Trump has expressed his frustration with Putin in public and in private,' White House spokeswoman Anna Kelly said. 'He wants to stop the killing and end this brutal war, which is why he is selling American-made weapons to NATO members.'

LHN's (SGX:41O) five-year earnings growth trails the enviable shareholder returns
LHN's (SGX:41O) five-year earnings growth trails the enviable shareholder returns

Yahoo

time33 minutes ago

  • Yahoo

LHN's (SGX:41O) five-year earnings growth trails the enviable shareholder returns

Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality companies can see their share prices grow by huge amounts. Don't believe it? Then look at the LHN Limited (SGX:41O) share price. It's 677% higher than it was five years ago. If that doesn't get you thinking about long term investing, we don't know what will. It's also good to see the share price up 86% over the last quarter. It really delights us to see such great share price performance for investors. On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, LHN achieved compound earnings per share (EPS) growth of 40% per year. This EPS growth is lower than the 51% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). We know that LHN has improved its bottom line lately, but is it going to grow revenue? If you're interested, you could check this free report showing consensus revenue forecasts. It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of LHN, it has a TSR of 997% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! It's good to see that LHN has rewarded shareholders with a total shareholder return of 172% in the last twelve months. Of course, that includes the dividend. That's better than the annualised return of 61% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For example, we've discovered 2 warning signs for LHN (1 makes us a bit uncomfortable!) that you should be aware of before investing here. If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Singaporean exchanges. — Investing narratives with Fair Values MicroStrategy: Volatile Gamble or Golden Opportunity? By BlackGoat – Community Contributor Fair Value Estimated: $663.00 · 0.3% Overvalued Emerging Markets and Debt Reduction Will Propel Bath & Body Works Forward By Zwfis – Community Contributor Fair Value Estimated: $40.73 · 0.2% Overvalued An amazing opportunity to potentially get a 100 bagger By davidlsander – Community Contributor Fair Value Estimated: $10.00 · 0.1% Undervalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

No, In-N-Out didn't switch to '100% beef tallow,' contrary to White House claim
No, In-N-Out didn't switch to '100% beef tallow,' contrary to White House claim

USA Today

timean hour ago

  • USA Today

No, In-N-Out didn't switch to '100% beef tallow,' contrary to White House claim

An April Fool's joke made by a fast-food fan account wound up in a White House Press release on Monday when the Trump administration erroneously claimed that burger chain In-N-Out Burger had transitioned to using beef tallow in its cooking. In a since-modified statement titled "President Trump Delivers on MAHA Push," published July 14, the White House touted recent changes made by major food and beverage companies, including Kraft-Heinz, PepsiCo and Tyson Foods, in response to the administration's "Make America Healthy Again" initiative. Among the announcements of synthetic dye and additive removals was one bullet point claiming that California-based fast food chain In-N-Out "transitioned to 100% beef tallow," accompanied by a link to a post on X, formerly Twitter. "It's official. In-N-Out will be transitioning to 100% pure beef tallow. The change is set to become effective on 05/01/2025 at all In-N-Out locations," read the April 1 post. The message, however, was not from the official In-N-Out account. In fact, it was shared by the fan account @innoutburger_ , which features a bio reading, "Not affiliated with In-N-Out. This is a fan account posting accurate up-to-date information" and a display name reading "Fan In-N-Out Burger." The account does feature a blue checkmark, which became a purchasable feature when Elon Musk took over the social media platform in 2022. The original post was promptly followed by two more clarifying it as an April Fool's Day joke, with one saying "before this gets out of hand," accompanied by an "April Fools" graphic. Another post came later, saying, "Just to clarify, since some people may have not seen my follow-up post, this was an April Fools joke. I never troll, besides today…" It went viral at the time regardless, amassing 5 million views and sowing confusion amongst thousands of commenters. In-N-Out still using sunflower oil for fries, not beef tallow In-N-Out told USA TODAY in a Tuesday statement that the chain had not changed its frying method. "Information was recently published in error stating that In-N-Out Burger has transitioned to beef tallow for cooking French fries,' chief operating officer Denny Warnick said. "We continue to work on an upgrade to our current sunflower oil, however, we have not yet made a change.' The White House has since removed the claim from its updated release, leaving behind the accurate statement that In-N-Out had agreed to "remove synthetic food dyes and artificial flavors from its menu items," citing a May 16 Good Morning America article. USA TODAY reached out to the White House for comment. Some restaurants are hopping on the beef tallow trend Some restaurants, including fellow fast food chain Steak 'n Shake, have switched to frying their food in beef tallow in recent months. The rendered beef fat is a favorite of Human and Health Services Secretary RFK Jr., who has publicly pushed eateries to use it in place of the seed oils he has called 'one of the most unhealthy ingredients that we have in foods.' Steak 'n Shake announced the switch in March, saying in a social media post at the time, "Steak 'n Shake is proud to support MAHA and Secretary Kennedy! Your days are numbered seed oil. We want to lead the way and make a difference! #MAHA." RFK responded to the post, thanking the restaurant for its "leadership in the crusade to Make America Healthy Again." Other chains that have opted to use beef tallow for frying include Smashburger, Popeyes, Buffalo Wild Wings and Outback Steakhouse. Beef tallow is preferred by some as a good source of saturated, monounsaturated and polyunsaturated fats, as well as fat-soluble vitamins, which can have health benefits like immune support, according to the Mayo Clinic. The jury is still out amongst experts on determining if beef tallow is overall better for you than seed oils, however. Contributing: Cheryl V. Jackson, Indy Star

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store