Tag Archive: USTariffs

US sought India-China tariffs, Europe refused to join, Bessent says

US Treasury Secretary Scott Bessent said the Trump administration wanted Europe to join additional tariffs on India and China over Russian oil purchases, but European allies refused.

Trump Shields India From Tariff Threat Over Russian Oil Purchases

The immediate threat of US tariffs of up to 100 percent on India over Russian oil and gas purchases has receded after Donald Trump halted some provisions.

US House Passes Bill Allowing 100% Tariffs on India Over Russia

The U.S. House has approved a bill giving President Donald Trump authority to impose up to 100% tariffs on countries continuing energy purchases from Russia.