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Trump ready to match EU tariffs on China, India to pressure Putin: US official
The United States seeks coordinated EU sanctions to limit Russian oil revenue, targeting major buyers like India amid rising trade tensions and tariffs impacting global energy markets.
The United States plans to impose tariffs of 50% to 100% on oil buyers like China and India, according to a U.S. official.
President Donald Trump discussed tariffs during a call with Ukraine's Prime Minister and EU officials.
Indian officials criticized the new tariffs as hypocritical since Western nations have also benefited from buying Indian-refined Russian oil products.