Trump's Trade Tactics: Secondary Tariffs as a Foreign Policy Gambit

President Donald Trump is leveraging tariffs to pressure Russia into a Ukraine peace agreement. Imposing financial penalties on countries purchasing Russian oil, including India, is a risky strategy. Secondary tariffs could disrupt global markets and strain U.S. relations with China and India, while potentially boosting domestic political support.

U.S. President Donald Trump is employing tariffs as a strategic tool in foreign policy, aiming to bring Russia to the negotiating table over Ukraine. The plan includes placing secondary tariffs on nations buying Russian oil, a move unprecedented in Trump's administration.

This tactic involves targeting India's imports with a 25% duty, marking a significant economic penalty linked directly to Russian oil purchases. The White House anticipates extending similar measures to China in the near future. The approach could inflict financial damage on Russia but also risks elevating global oil prices, which might pose political challenges for Trump amidst upcoming elections.

As global markets brace for potential disruptions, the repercussions may include strained trade relations with major players like China and India, who hold significant leverage in other sectoral negotiations. Analysts express skepticism about Russia's reaction, indicating limited domestic pressure on Putin to alter his strategy based solely on economic sanctions and tariffs.

(With inputs from agencies.)