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Bessent Warns Europe It’s ‘Put Up or Shut Up’ Time on Russia

Markets

Daniel Flatley, Annmarie Hordern, Jonathan Ferro

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August 13, 2025

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Bloomberg

Treasury Secretary Scott Bessent urged European nations to be prepared to get on board with higher tariffs on China and other nations that buy Russian energy, lamenting that he got a cool response when he floated the idea at a Group of Seven meeting earlier this year.

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