The US economy will feel the pain if Trump goes ahead with his plan to whack countries buying Moscow’s oil with fresh tariffs on their goods.

President Donald Trump's threat to impose secondary tariffs on countries importing Russian oil and gas, announced on 29 July 2025, has sparked fears of a global economic shock. With a 10-day deadline for Russia to agree to a Ukraine ceasefire or face sanctions,

Even in the face of threats by US President Donald Trump to levy tariffs on countries that import Russian goods, analysts expect that China "will not stop" buying oil from its northern neighbour, given their mutually beneficial relationship of energy cooperation.