Gina Raimondo emphasizes that Trump's remarks pertained to secondary sanctions on Russia, not tariffs, during ongoing discussions.
On July 15, U.S. Commerce Secretary Gina Raimondo clarified that former President Trump was referring to implementing secondary sanctions on Russia, not secondary tariffs. This statement came after Trump threatened 100% tariffs if an agreement is not reached within 50 days, highlighting ongoing negotiations and the role of Treasury Secretary Yellen in stabilizing market volatility.