WASHINGTON, July 25 (Reuters) - U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs on countries that buy Russian oil because it would worsen politically-damaging inflation pressures and his similar threat against buyers of Venezuelan oil has had limited success, especially in China.

Russian President Vladimir Putin has laughed off President Donald Trump‘s demand for a ceasefire with Ukraine within 50 days, Knewz.com can report. Trump’s support of Putin seems to have lessened – something critics credit to “Agent Melania” Trump and her influence on the president’s plans.

President Donald Trump said he will impose tariffs ranging from a minimum rate of 15% to a clip as high as 50% as his Aug. 1 deadline looms. “We’ll have a straight, simple tariff of anywhere between 15% and 50%,

The White House puts a priority on doing business with Beijing as it prepares for bilateral talks next week.

This week, President Donald Trump announced yet another trade deal, this time with Japan. As reported by Reason Magazine, “Under the terms outlined by Trump in a Truth Social post on Tuesday,

A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.

Trump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.

The U.S. will likely extend its Aug. 12 tariffs deadline for a final trade deal with China as the two sides continue to negotiate, Treasury Secretary Scott Bessent said in a TV interview Tuesday.