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US President's Russia tariff threat risks harming ties with India, China
Hindustan Times Navi Mumbai
|July 16, 2025
US President Donald Trump's latest threat of 100% tariffs on Russia would risk complicating relations with two nations crucial to his economic and strategic goals: China and India.
Trump on Monday threatened tariffs of about 100% on Russia unless it reached a peace deal with Ukraine in the next 50 days, saying the levies would come in the form of “secondary tariffs”.
Matt Whitaker, the US ambassador to Nato, later said the planned action effectively represents secondary sanctions on countries buying oil from Russia. “It's about tariffs on countries like India and China that are buying their oil,” he told reporters.
Denne historien er fra July 16, 2025-utgaven av Hindustan Times Navi Mumbai.
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