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Reading: US Treasury Secretary backs Trump’s ‘daring management’ as President urges NATO members to cease shopping for Russian oil
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StockWaves > Business > US Treasury Secretary backs Trump’s ‘daring management’ as President urges NATO members to cease shopping for Russian oil
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US Treasury Secretary backs Trump’s ‘daring management’ as President urges NATO members to cease shopping for Russian oil

StockWaves By StockWaves Last updated: September 14, 2025 5 Min Read
US Treasury Secretary backs Trump’s ‘daring management’ as President urges NATO members to cease shopping for Russian oil
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US Treasury Secretary Scott Bessant praised President Donald Trump’s resolution for example of “daring management,” stating in a publish on X that everybody should come collectively to cease the cycle of struggle and loss of life. After imposing punitive tariffs on India for oil imports from Russia, President Trump has now turned his consideration to NATO allies, calling their continued purchases of Russian oil “surprising”.

Thanks, @realDonaldTrump, to your daring management. Solely with a unified effort that cuts off the revenues funding Putin’s struggle machine on the supply will we be capable to apply adequate financial strain to finish the mindless killing. pic.twitter.com/8y8nOgOJPy

— Treasury Secretary Scott Bessent (@SecScottBessent) September 13, 2025

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He warned that the US may impose tariffs of fifty to 100 per cent on China if it continued to purchase oil from Moscow.

“NATO’S dedication to WIN (the Ukraine struggle) has been far lower than 100 per cent, and the acquisition of Russian Oil, by some, has been surprising”, he posted on Fact Social on Saturday.

Trump had earlier imposed a 25 per cent punitive tariff on India for Russian oil imports – along with an current 25 per cent reciprocal tariff – whereas NATO members shopping for oil from Russia have up to now escaped comparable penalties.

“I’m able to do main Sanctions on Russia when all NATO Nations have agreed, and began, to do the identical factor, and when all NATO Nations STOP BUYING OIL FROM RUSSIA”, he mentioned, placing some phrases in all capitals for emphasis.

He mentioned that NATO members stopping Russian oil purchases and “NATO, as a gaggle, inserting 50% to 100% TARIFFS ON CHINA, to be absolutely withdrawn after the WAR with Russia and Ukraine is ended, can even be of nice assist in ENDING this lethal, however RIDICULOUS, WAR”.

Difficult the navy alliance, he wrote, “I’m able to ‘go’ if you end up. Simply say when”.

He identified that Beijing wields huge affect over Moscow and has the ability to cease the struggle.

“China has a powerful management, and even grip, over Russia, and these highly effective Tariffs will break that grip”, he mentioned.

In actuality, Trump’s warning of an enormous punitive tariff on China is an empty menace as a result of NATO international locations, particularly Turkiye, are not possible to cease their Russia commerce.

The European Union (EU), whose 27 members embody 22 from NATO, had whole items commerce with Russia of $79.1 billion final 12 months, in accordance with the European Fee.

It imported items value $42.13 billion, of which gasoline accounted for $26.17 billion final 12 months.

NATO member Turkiye’s commerce with Russia was value $52.6 billion final 12 months.

In distinction, India’s whole items commerce with Russia was $68.7 billion within the final fiscal 12 months, with imports at $63.84 billion.

Requested concerning the double requirements when it got here to imposing punitive tariffs on India, Trump’s nominee for envoy to New Delhi, Sergio Gor, gave a Senate panel a confounding reply: “Frankly, we anticipate extra from India than we do generally from different nations”.

Trump admitted on Friday in a Fox Information interview that the tariff “causes a rift with India”.

He mentioned that imposing the tariff on India was “not a simple factor to do. That is an enormous deal”.

India and the US are persevering with commerce talks, Trump mentioned earlier this month.

Gor mentioned that India’s Commerce Minister Piyush Goyal was anticipated in Washington this week and can meet with US Commerce Consultant Jamieson Greer.

Negotiations between the 2 international locations had been all the way down to the “nitty-gritty”, he mentioned.

With IANS Inputs



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