BREAKING NEWS: Hard to Impose High Tariffs only on Russia Oil Buyers: Japan Finance Chief
3 Articles
3 Articles
Hard to impose higher tariffs on Russian oil buyers: Japan finance chief
Japanese Finance Minister Katsunobu Kato on Tuesday struck a cautious tone regarding a U.S. proposal to raise tariffs on China and India for continuing to buy Russian oil as part of pressure on Moscow over its war in Ukraine. "It is difficult to impose higher tariffs on certain countries solely…
Japanese Minister of Economy Katsunobu Kato has refused to raise tariffs on India and China for buying Russian oil, as the U.S. government has demanded from its allies in recent days. "It is difficult to impose higher tariffs on certain countries just by buying Russian oil," Kato said at a press conference in Tokyo, in statements collected by Japanese agency Kyodo. The minister said that his country will look instead for "more effective" measure…
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