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President Donald Trump’s threat to impose stiff taxes, tariffs and sanctions on Russia if no deal is reached to end the war in Ukraine is likely to fall on deaf ears in the Kremlin, as virtually all Russian products are already banned from importing into the US and the country has faced many US and European sanctions since the invasion began almost three years ago.

In a post on his Truth Social website on Wednesday, Trump called on Russian President Vladimir Putin to “decide now and stop this ridiculous war.”

He said he had no desire to hurt Russia and has a good relationship with Putin, but warned of penalties if the war is not stopped soon.

“If we don’t make a ‘deal’ and soon, I have no choice but to place high levels of taxes, tariffs and sanctions on everything sold by Russia to the US and various other participating countries.”

The problem with the threat is that, apart from a small amount of fertilizer, animal feed and machinery, Russia currently exports almost no goods to the United States. And Russia is one of the world’s most heavily sanctioned nations. Many of these sanctions relate to Russia’s invasion of Ukraine in February 2022 and were imposed by the Biden administration, but others predate Biden and some were imposed during Trump’s first term.