On Monday, Trump said that Russia's failure to reach a negotiated settlement with Ukraine within 50 days would lead to his administration imposing a 100% tariff rate on Russian imports as well as what he called "secondary tariffs" on countries that have continued to do business with Moscow.

Russia appeared to brush aside President Donald Trump’s threat to impose tariffs against Moscow and its trading partners if its war with Ukraine does not end in 50 days, but there are signs of growing concern among some factions of the nation’s elite that an opportunity may have been missed.