U.S. President Donald Trump stated on August 15, 2025, following a summit with Russian President Vladimir Putin, that he does not currently see the need to impose retaliatory tariffs on countries such as China for purchasing Russian oil. However, Trump indicated that this position could change within two to three weeks, suggesting a potential reconsideration of additional tariffs depending on developments. This statement comes amid ongoing trade negotiations and a recent extension of a tariff truce with China by 90 days. The Trump administration and the Department of Justice continue to focus on tariff compliance, fraud, and evasion issues as part of their broader trade enforcement efforts.
Key Compliance Takeaways for Companies as Trump Administration and DOJ Focus on Tariff Fraud, Evasion https://t.co/5XzDNQefmp
Key Compliance Takeaways for Companies as Trump Administration and DOJ Focus on Tariff Fraud, Evasion https://t.co/kSGdOQfVLu | by @ParkerPoe
Snapshot of Current Tariff Actions and Negotiations https://t.co/HwNrAbSO1A | by @pillsburylaw