US EditionTrump says he could impose more tariffs on China, similar to India duties, over Russian oil
UNITED STATES, AUG 6 – Trump doubled tariffs on Indian imports to 50% to punish Russian oil purchases and warned China could face similar penalties amid efforts to pressure Russia over the Ukraine war.
- US President Donald Trump stated he might impose additional tariffs on China, similar to those on India for importing Russian oil.
- Trump warned of possible secondary sanctions on India due to its continued purchases of Russian oil.
- US Treasury Secretary Scott Bessent remarked that China could face tariffs for its energy trade with Russia during trade negotiations.
- China's Foreign Ministry responded that it will secure its energy supply in ways that align with its national interests.
38 Articles
38 Articles
India's state-owned refiners are refusing to buy Russian oil as Washington steps up pressure on New Delhi by imposing stiff tariffs of 25%.
Washington, Aug 07 (EFE).- U.S. Trade Secretary Howard Lutnick did not rule out Thursday the possibility of President Donald Trump imposing more tariffs on China for its imports of Russian oil. “Everything is on the table,” Lutnick said in an interview with Fox Business. Trump signed an executive order Wednesday to put an additional 25% tax on India – on which he already weighed 25% – precisely for trading in Moscow crude. This is a maneuver by …
Trump Hints at Additional Tariffs on China Over Russian Oil Imports
After slapping an additional 25% on Indian imports to punish India for buying Russian oil, President Donald Trump has suggested he might do the same with China. During a news conference on Wednesday, Trump was asked whether he would consider the same move for China, which is the other large buyer of Russian crude, and responded that it “may happen,” Bloomberg reported. “I mean I don’t know. I can’t tell you yet. But I can — we did it with — we d…
Coverage Details
Bias Distribution
- 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
