Trump asks Europe 100% taxes on imports from China and India to press Russia to end the war
US President Donald Trump has asked the European Union to impose up to 100% customs taxes for imports from China and India. The measure would be part of a plan meant to force Vladimir Putin to put an end to the Ukraine war.
Donald Trump asks Europe 100% taxes on China and India Imports: Profimedia
Trump's request was made on Tuesday, during a meeting with European leaders, on increasing economic pressure on Russia. He stressed that a common action is necessary to weaken the financial support that Moscow receives through its oil exports.
“I am dissatisfied with the whole situation“, Trump said after the intense bombing launched by Russia over Ukraine at the weekend. At the same time, he warned that he is ready to impose even harsher sanctions to the Kremlin, although he has not yet presented concrete steps.
Pressure on European partners
The appeal of the US leader comes after the statements of the US Treasury Secretary, Scott Besent, who stressed that Washington is ready to intensify economic pressure, but needs stronger support from Europe.
At the same time, Trump said the United States and India “Continue negotiations to address commercial barriers”Suggesting that the pressure on New Delhi is part of a larger strategy, reports the BBC.
The role of China and India in Russia's economy
China and India are among the main buyers of Russian oil, which contributes to maintaining the Russian economy on the waterline despite the Western sanctions.
Last month, the United States has already imposed a 50% tariff for India products, which included an additional 25% penalty for its commercial relations with Russia.
