Ukraine-Russia News
LAST UPDATE: July 15, 2025
Trump threatens 100% secondary tariffs on Russia
President Trump warned that if Russia does not reach a peace agreement over Ukraine within 50 days, the U.S. will impose 100% secondary tariffs on Russian goods—and also target countries trading with Russia.
Insight
By coupling a strict deadline with secondary sanctions, the U.S. aims to maximize pressure not just on Moscow but on global trade partners, intensifying economic leverage while signaling serious geopolitical resolve.
Zelenskiy taps deputy PM Svyrydenko for prime minister
President Zelenskiy has nominated First Deputy PM Yulia Svyrydenko, a 39-year‑old economist, as Ukraine’s next prime minister. She is expected to advance deregulation, cut bureaucracy, and focus state resources on defense and reconstruction.
Insight
The planned cabinet reshuffle indicates a pivot toward economic efficiency and resilience, aligning leadership with wartime exigencies and rebuilding priorities.
Russian rouble, stock market gain after Trump’s statement on Russia
Following Trump’s threat of tariffs if Russia doesn’t reach a Ukraine peace deal, the rouble regained some losses (trading 0.2% weaker vs. USD; strengthened vs. yuan) and Russian stocks rose ~2.7%.
Insight
Despite aggressive U.S. rhetoric, the market’s positive response suggests investor optimism either that the deadline may shift, or that increased defense aid to Ukraine could stabilize the region.
