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  • 4 months ago
US President Donald Trump is urging the EU to impose its own tariffs on Indian and Chinese goods to discourage them from continuing to buy Russian oil, according to sources cited by the Financial Times and Reuters. Purchases of Russian energy help fund the Kremlin's ongoing war in Ukraine. Trump has said he seeks to end that war quickly.

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00:00U.S. President Donald Trump is urging the EU to impose up to 100% tariffs on China and India.
00:08Veritas cited a U.S. official and EU diplomat as saying it's part of the strategy to put pressure on Russia.
00:15India and China continue to buy Russian oil, which helps fund the Kremlin's war in Ukraine.
00:20Trump is reportedly pushing the EU to slap steep levies on countries that buy energy from Russia.
00:26Meanwhile, the U.S. Supreme Court says it will rule in November on whether Trump's sweeping global tariffs are even legal.
00:33The measures are being challenged by 12 U.S. states and several private companies.
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