Former US President Donald Trump has reportedly urged European Union officials to levy tariffs of up to 100% on India and China as part of a strategy to pressure Russian President Vladimir Putin, according to Reuters.
Both China and India are significant purchasers of Russian oil, a factor influencing the proposed measures. Currently, the United States has imposed 50% tariffs on India, including a 25% penalty tariff linked to India’s purchase of Russian crude.
Trump’s suggestion underscores ongoing tensions in global trade and energy markets, highlighting the growing use of economic sanctions as a geopolitical tool.