United States of America President, Donald Trump, has vowed to impose high tariffs and further sanctions on Russia if President Vladimir Putin does not agree to end the ongoing war in Ukraine.

President Trump said on his social media platform Wednesday, Truth Social, that pushing for peace was doing Russia and its leader a very big favour,” while reiterating his claim that the conflict would not have started under his leadership.

Trump previously stated he could negotiate a settlement to the war within 24 hours of taking office. On Tuesday, he told reporters he planned to speak with Putin “very soon,” warning that additional sanctions might follow if Russia fails to engage in peace talks.

Trump wrote “I’m going to do Russia, whose Economy is failing, and President Putin, a very big FAVOUR. Settle now, and stop this ridiculous War! It’s only going to get worse. If we don’t make a ‘deal’, and soon, I have no other choice but to put high levels of Taxes, Tariffs, and Sanctions on anything being sold by Russia to the United States, and various other participating countries.”

The former president also claimed the war “never would have started” under his administration, urging a swift resolution, saying “We can do it the easy way, or the hard way—and the easy way is always better. It’s time to make a deal.”

Russia has not officially responded to Trump’s remarks. However, Deputy UN Ambassador Dmitry Polyanskiy told Reuters the Kremlin would need clarity on Trump’s terms before considering action. Meanwhile, pro-Putin voices within Russia have hinted at a shift in tone.

Prominent state TV editor Margarita Simonyan recently suggested that Russia might consider halting the war along the current frontlines, a move that has angered hardliners.

Ukrainian President Volodymyr Zelensky, speaking at the World Economic Forum, emphasised the need for robust peacekeeping measures. He stated that any settlement would require at least 200,000 peacekeepers, including US troops, to ensure a credible deterrent to Russia.

“It can’t be without the United States,” Zelensky said. “Even if some European friends think it can be, no it will not be.”

Ukrainians remain skeptical of Trump’s approach, with many on social media criticizing sanctions as insufficient. Others expressed doubts about Putin’s willingness to engage in genuine peace talks.

The conflict, which began in 2014 and escalated into a full-scale invasion in 2022, has left Ukraine fighting to retain its territory. Putin insists that Ukraine accept Russian control over 20% of its land and abandon NATO aspirations, conditions Kyiv has rejected.

Trump’s comments on Truth Social also included an appeal to Russian citizens, couched in language acknowledging Soviet losses during World War II. While some analysts view his tone as conciliatory, others note his previous remarks suggesting he could “understand” Russia’s concerns about NATO expansion, a position seen as sympathetic to Putin’s narrative.

As the war continues, Ukraine’s leadership and citizens appear wary of empty promises. After years of conflict and failed peace agreements, many remain cautious about the prospects of a resolution, even with Trump’s involvement.

For now, both Moscow and Kyiv appear entrenched, with Russia’s hardliners pushing for victory and Ukraine adamant about reclaiming its land. Whether Trump’s proposed tariffs and sanctions could sway Putin remains uncertain, but the former president’s positioning underscores the complexities of international diplomacy in the ongoing war.

How things stand in China-Us trade tensions with Trump 2.0

Donald Trump is back in the White House, promising to use the United States’s vast economic weight to hit back at China for its alleged unfair trade practices and role in the deadly American fentanyl crisis.

 

This week, the mercurial magnate said 10 percent tariffs on all Chinese imports could kick in on February 1 — and on the campaign trail touted a levy as high as 60 percent.

 

China has warned that there are “no winners” in a trade war and vowed to defend its economic interests.

 

Here’s where the China-US trade relationship stands:

How much trade is at stake?

Trade between China and the United States — the world’s two largest economies — is vast, totalling more than $530 billion in the first eleven months of 2024, according to Washington.

 

Over that same period, sales of Chinese goods to the United States totalled more than $400 billion, second only to Mexico.

 

According to the Peterson Institute of International Economics (PIIE), China is the dominant supplier of goods from electronics and electrical machinery, to textiles and clothing.

 

But a yawning trade imbalance — $270.4 billion for January to November last year — has long raised hackles in Washington.

 

As has China’s vast state support for its industry, sparking accusations of dumping, as well as its perceived mistreatment of US firms operating in its territory.

 

But China’s economy remains heavily reliant on exports to drive growth despite official efforts to raise domestic consumption — making its leaders reluctant to change the status quo.

What happened during Trump’s first term?

Trump stormed into the White House in 2016 vowing to get even with China, launching a trade war that slapped significant tariffs on hundreds of billions of dollars of Chinese goods.

China responded with retaliatory tariffs on American products — particularly affecting US farmers.

 

Key US demands were greater access to China’s markets, broad reform of a business playing field that heavily favours Chinese firms, and a loosening of heavy state control by Beijing.

 

After long, fraught negotiations the two sides agreed what became known as the “phase one” trade deal — a ceasefire in the nearly two-year-old trade war.

 

Under that agreement, Beijing agreed to import $200 billion worth of US goods, including $32 billion in farm products and seafood.

 

But in the face of the pandemic and a US recession, analysts say Beijing fell well short of that commitment.

 

“In the end, China bought only 58 percent of the US exports it had committed to purchase under the agreement, not even enough to reach its import levels from before the trade war,” PIIE’S Chad P Brown wrote.

 

“Put differently, China bought none of the additional $200 billion of exports Trump’s deal had promised.”

How did things change under Biden?

Trump’s successor Joe Biden did not roll back increases imposed by his predecessor, but took a more targeted approach when it came to tariff hikes.

Under Biden, Washington expanded efforts to curb exports of state-of-the-art chips to China — part of a broader effort to prevent sensitive US technologies being used in Beijing’s military arsenal.

His administration has also used tariffs to take aim at what it called China’s “industrial overcapacity” — fears the country’s industrial subsidies for green energy, cars and batteries could flood global markets with cheap goods.

 

Last May, Biden ordered $18 billion worth of imports from China be slapped with tariffs, accusing Beijing of “cheating” rather than competing.

 

Under the hikes, tariffs on EVs quadrupled to 100 percent, while the tariff for semiconductors will surge from 25 percent to 50 percent.

 

The measures also targeted strategic sectors such as batteries, critical minerals and medical products.

 

Both sides have also launched investigations into the others’ alleged unfair trade practices with probes into dumping and state subsidies.

 What happens next?

 

With Biden gone, all eyes are on whether Trump will follow through on these threats — or if the rhetoric was an opening gambit in negotiations.

 

Trump has long viewed tariffs as a bargaining tool — an “all-purpose bludgeon”, according to a Wall Street Journal editorial.

 

He has also tied tariffs to the fate of Chinese-owned social media app TikTok — warning of retaliation if a deal cannot be struck to sell it.

 

Many breathed a sigh of relief when a “shock and awe” blitz of executive orders signed on Trump’s first day in office did not feature tariffs on Chinese goods.

 

But Trump did order a sweeping review by top officials into a number of Chinese trade practices — with reports due by April 1.

 

“Although no immediate tariff hike is an upside surprise, extended uncertainty may still weigh on confidence,” HSBC economists wrote in a note Wednesday.

 

“That said, the lack of concrete tariffs at this juncture may suggest that Trump is open to further negotiations with China,” they added.

AFP