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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.

What exactly is this US sanctions threat on countries that trade with Russia, and how far can it impact India? We explain, in 3 points.

"Unlike past direct sanctions, secondary tariffs extend US reach globally, targeting Russia's trade partners. If enforced, they could affect at least 30-40 percent of Russia's oil sales, destabilizing its economy and rippling through global energy supplies," he warned.

President Donald Trump on Monday laid out a pair of steps intended to pressure Russia to end its war in Ukraine, including funneling new weapons to Kyiv and threatening economic punishment on Moscow if peace isn’t reached in 50 days,

MOSCOW, July 17, (Xinhua): Russia on Tuesday rejected U.S. President Donald Trump's 50-day ultimatum to agree to a Ukraine ceasefire, dismissing the threat of "severe tariffs" as unacceptable. Russian Deputy Foreign Minister Sergey Ryabkov emphasized that Moscow favors a diplomatic resolution to the Ukraine conflict and is ready to negotiate.

It’s highly unlikely we’ll get a peace deal in 50 days solely because Putin still isn’t interested in one,” Angelica Evans from the Institute for the Study of War

More than a dozen countries stand in the crosshairs of Trump's threat to impose 100% tariffs over their economic ties to Russia.

The European Union's 18th sanctions package against Russia faces opposition from Slovakia, which demands guarantees on Russian gas phase-out. Malta also raised objections during discussions. The planned sanctions are a response to Russia's ongoing invasion of Ukraine,