President Donald Trump has announced new measures targeting Russia over its ongoing war in Ukraine, threatening steep tariffs if a peace deal isn't reached within 50 days.

Trump said the United States would put 100% secondary tariffs on countries that do business with Russia if a deal if a peace deal is not reached in 50 days.

Trump also revealed that Putin had recently offered to assist in mediating between Israel and Iran during their brief June conflict — an offer he declined. “I said, ‘No, no, you help me get a settlement with you, with Russia,’” Trump recounted. “And I think we're going to be doing that too.”