Headlines
Trump presses NATO nations to halt Russian oil purchases
Published by Global Banking & Finance Review®
Posted on September 13, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on September 13, 2025
1 min readLast updated: January 21, 2026
Trump urges NATO to halt Russian oil imports and impose sanctions to end the Ukraine war, proposing tariffs on China.
(Reuters) -U.S. President Donald Trump issued a letter to NATO nations on Saturday, urging them to stop buying Russian oil and impose major sanctions on Russia to end its war in Ukraine.
"I am ready to do major sanctions on Russia when all NATO nations have agreed, and started, to do the same thing, and when all NATO nations stop buying oil from Russia," he said in a social media post.
He proposed that NATO, as a group, place 50-100% tariffs on China to weaken its economic grip over Russia.
This follows Trump's earlier threats of sanctions on Moscow and secondary sanctions on countries buying its oil, such as top buyers China and India, if no progress is made to end the war in Ukraine.
The president has imposed an additional 25% tariff on Indian goods, citing its continued imports of Russian oil, but has not taken similar action against China.
(Reporting by Bipasha Dey in Bengaluru, Editing by Timothy Heritage)
Trump urged NATO nations to stop buying Russian oil and impose major sanctions on Russia to end its war in Ukraine.
Trump proposed that NATO place 50-100% tariffs on China to weaken its economic grip over Russia.
Trump has imposed an additional 25% tariff on Indian goods due to its continued imports of Russian oil.
Trump threatened sanctions on countries like China and India if they continue to buy Russian oil without progress in ending the war in Ukraine.
Trump stated he is ready to impose major sanctions on Russia when all NATO nations agree to stop buying oil from Russia.
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