READ ALSO: US Urges G7, EU To Impose Tariffs On China, India Over Russian Oil Purchases
Earlier in the day, Reuters reported that a U.S. Treasury spokesperson, Scott Bessent, called on G7 and European Union allies to impose “meaningful tariffs” on goods from China and India to pressure them to halt their purchases of Russian oil.
President Donald Trump has imposed an extra 25% tariff on imports from India to pressure New Delhi to halt its purchases of discounted Russian crude oil, bringing total punitive duties on Indian goods to 50% and souring trade negotiations between the two democracies.
But Trump has refrained from imposing additional tariffs on Chinese imports over China’s purchases of Russian oil, as his administration navigates a delicate trade truce with Beijing.
AFP
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