Overview
- President Donald Trump has set an August 8 deadline for Russia to agree to a truce or face sanctions on its oil exports.
- Special envoy Steve Witkoff is scheduled to travel to Moscow on August 6 or 7 to negotiate a Ukraine cease-fire.
- The administration plans secondary tariffs targeting major buyers of Russian oil, with India and China likely to be hit.
- India’s Foreign Ministry and Kremlin spokesman Dmitry Peskov have publicly challenged the U.S. tariff threats as unjustified and illegal.
- The White House has repositioned nuclear-capable submarines closer to Russia as a show of military pressure alongside economic measures.