In another pressure tactics, Trump pushes European Union to impose 100% tariffs on India and China for…, meets top officials in…
US President Donald Trump is said to be planning even higher tariffs i.e. up to 100 per cent on India and China, the two biggest buyers of Russian oil. India already faces a 50 per cent tariff from the US, and now Trump has also asked the European Union to put strong trade duties on India. According to the Financial Times, Trump joined a meeting with top US and EU officials in Washington and pushed for the move. One US official told the paper, “We’re ready to act right now, but only if our European partners join us.”
The idea of 100 per cent tariffs on India and China is seen as a way to put pressure on Russian President Vladimir Putin. This comes a few months after Trump gave Russia 50 days to make a deal to end the war in Ukraine.
Trump made this request over a conference call to EU sanctions envoy David O’Sullivan and other European officials. The EU team is in Washington to talk about how to coordinate sanctions. According to one EU diplomat, the U.S. also signaled that it would be ready to impose the same tariffs if the European Union agreed to move forward with the plan.
Since India and China buy large amounts of Russian oil, they are seen as key players helping Russia’s economy survive while the war continues.
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