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Story perspectives

Trump Targets Russia with New Energy Tariffs Amid Trade War

8/7/2025

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Story summary
  • Donald Trump intends to impose higher tariffs on nations purchasing energy from Russia.
  • Upcoming announcements will include tariffs on semiconductor and pharmaceutical imports.
  • Swiss President Karin Keller-Sutter is negotiating in Washington to reduce the recent 39% tariff on Switzerland.
  • These developments contribute to the ongoing escalation of the trade war.