00:00Donald Trump just called Russia an extraordinary threat to the United States.
00:04And what he did next could shake up global politics and the economy.
00:08Trump gave Vladimir Putin a deadline to end the invasion of Ukraine.
00:12If Putin doesn't back down by Friday,
00:14the U.S. will slam massive tariffs on countries that keep doing business with Russia.
00:19Hours after Trump's envoy met with Putin,
00:21Trump signed an executive order hiking tariffs on India to 50%.
00:25Why India?
00:26Because it's one of the biggest buyers of Russian oil.
00:28And Trump says that oil is funding Putin's war machine.
00:32India is furious.
00:34Its government called the move unfair, unjustified and unreasonable
00:37and warned it will protect its national interests.
00:41Experts say the tariffs could slash India's exports to the U.S. by nearly half.
00:45And some say it's hypocritical because China bought even more Russian oil
00:49but hasn't been hit with similar tariffs.
00:52All eyes now turn to whether new sanctions on Russia will follow.
00:55U.S. Secretary of State Marco Rubio says more announcements are coming.
00:59And they could go either way.
01:01Will this bold move push Putin to the table?
01:04Or start a global trade war?
01:05Stay tuned.
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