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Will Trump Tank the US Economy Over Russian Oil?
Will Trump Tank the US Economy Over Russian Oil?
Sputnik Africa
Will Trump Tank the US Economy Over Russian Oil? 22.07.2025, Sputnik Africa
2025-07-22T07:59+0200
2025-07-22T07:59+0200
2025-07-22T08:23+0200
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Will Trump Tank the US Economy Over Russian Oil?Commenting on Senator Lindsey Graham’s fiery claim that Trump will impose 100% tariffs on buyers of Russian oil, Egyptian international economics expert Karim al-Umda told Sputnik that such a move could backfire hard on the US. He warned:Al-Umda cited inflation, rising interest rates, and potential recession as consequences—posing a blunt question:His answer: “Individuals like Lindsey Graham may wave their hands and make threats, but in reality, no one is ready to abandon their own interests. For the current US administration, the well-being of Americans remains the top priority.”AI-generated image
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sputnik africa, donald trump, united states (us), russia, oil, sanctions, us sanctions, anti-russian sanctions, africa insight
sputnik africa, donald trump, united states (us), russia, oil, sanctions, us sanctions, anti-russian sanctions, africa insight
Will Trump Tank the US Economy Over Russian Oil?
Commenting on Senator Lindsey Graham’s fiery claim that Trump will impose 100% tariffs on buyers of Russian oil, Egyptian international economics expert Karim al-Umda told Sputnik that such a move could backfire hard on the US. He warned:
“I dare say that other countries would simply begin to distance themselves from the United States… no matter how you look at it, a blow to the US economy is inevitable.”
Al-Umda cited inflation, rising interest rates, and potential recession as consequences—posing a blunt question:
“Is the US president prepared to sacrifice his country’s economy to implement Graham’s plan?”
His answer: “Individuals like Lindsey Graham may wave their hands and make threats, but in reality, no one is ready to abandon their own interests. For the current US administration, the well-being of Americans remains the top priority.”
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