MOSCOW (Reuters) -Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that rising trade tariffs carried risks for the economy of the United States and the whole world. Zakharova was commenting on U.

The United States has suggested that the European Union follow Washington's example if the White House imposes 100% tariffs on buyers of Russian oil, according to US Treasury Secretary Scott Besent. "Any country who buys sanctioned Russian oil is going to be subject to up to 100% secondary tariffs.

"I urge our European allies, who have talked a big game, to follow us if we implement these secondary tariffs," U.S. Treasury Secretary Scott Bessent said.

President Trump’s plan to impose a 100 percent tariff on Russian goods could raise the cost of urea, a key fertilizer in corn and other row crops.

President Donald Trump warned Russia Monday that it may face "severe tariffs" if a peace deal with Ukraine isn't negotiated.

You might want to call Vladimir and say, ‘Hey, friend, we are still buying stuff from you, but you have got to get serious when it comes to these negotiations on the cease-fire or a peace

Russia did not have tariffs imposed "because we’re not doing business, essentially, with Russia, because they’re at war," Trump told reporters on April 7.

"He is not responsible for what the U.S. has been doing in Ukraine since 2014, making it 'anti-Russia' and preparing for the war with us, but it is in his power now to stop this malicious policy."

Last week, the European Union agreed on its 18th package of sanctions against Russia, which included a ban on the import of refined oil products derived from Russian crude. Whether this bolsters calls for the American government to do the same remains to be seen.