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Trump: No Concern That Secondary Tariffs On Buyers Of Russian Oil Will Hurt U.S. Consumers
Forbes Breaking News
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7/16/2025
Speaking to reporters at JBA on Tuesday, President Trump dismissed economic concerns about secondary tariffs on Russia.
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00:00
And that's going to help also.
00:01
The Press on the Russian sanctions, sir, on the secondary tariff.
00:04
Are you concerned that secondary tariffs on buyers of Russian oil will hurt American consumers, higher gas prices?
00:10
I don't think so. I think that whole thing is going to go away eventually.
00:13
It should have gone away. And Putin does say, oh, I want peace, I want peace.
00:17
But so far, he hasn't lived up to that. So I think it's going to go away.
00:21
But we're going to find out soon. We're going to find out soon.
00:23
Can you give us more details on the sanctions? Is it 100 percent sanctions?
00:27
I don't want to do that. But they're very fighting. They're very significant.
00:31
And they're going to be very bad for the countries involved.
00:34
I mean, they'll be very, very powerful and very bad for the countries involved.
00:39
And I hope we don't have to pull that string.
00:41
And maybe we'll see. We've got to end. We've got to stop the campaign.
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