Trump Seeks 100% Tariffs on India, China to Pressure Putin
AI-Generated Summary
Former US President Donald Trump reportedly demanded that the EU impose tariffs of up to 100% on India and China during a meeting with US and EU officials. This move is aimed at pressuring Russian President Vladimir Putin to end the Ukraine war. The demand targets India and China due to their substantial oil trade with Russia, with the US reportedly ready to match Europe's tariffs.
In a nutshell
This report suggests a potential significant escalation in international trade policy, utilizing economic pressure to achieve geopolitical objectives related to the Russia-Ukraine conflict. Such high tariffs could have profound impacts on global trade dynamics and India's economic relations, particularly concerning its energy imports.
Source: Hindustan Times
