This appeared to many to be another of his 'TACO" trades, in which he threatens to reign terror on foreign countries, only to back off. His frustration with Putin not acquiescing to his Ukraine peace ideas seems to have been less than his ongoing desire for Putin's approval. The question now is how much, if any, new weaponry Ukraine will actually receive from the US. JL
The Telegraph reports:
The Russian stock market grew by 2.7 per cent after Donald Trump warned he would impose “very severe tariffs” on Russia if no deal to end the Ukraine war is made within 50 days. “Trump performed below market expectations. He gave 50 days during which the Russian leadership can come up with something and extend the negotiation track,” adding that “Trump likes to postpone and extend such deadlines”. The EU's top diplomat called Trump’s 50 day Russia ultimatum ‘a very long time’Russian stock market rises after Trump’s tariffs threat
The Russian stock market grew by 2.7 per cent after Donald Trump warned he would impose “very severe tariffs” on Russia if no deal to end the Ukraine war is made within 50 days, according to the Moscow Stock Exchange.
“Trump performed below market expectations,” Artyom Nikolayev, an analyst from Invest Era, told Reuters.
“He gave 50 days during which the Russian leadership can come up with something and extend the negotiation track,” adding that “Trump likes to postpone and extend such deadlines”.
The EU’s foreign policy chief has welcomed Donald Trump’s tougher stance on Russia, but said a 50-day ultimatum on punishing Moscow was “very long”.
“It is very positive President Trump is taking a strong stance on Russia,” Kaja Kallas told journalists on Monday.
“On the other hand, 50 days is a very long time if we see that they are killing innocent civilians every day,” she added.
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