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Trump presses European Union to impose 100% tariffs on India and China to squeeze Putin
U.S. President Donald Trump has asked the European Union to hit China and India with tariffs of up to 100% over the countries’ Russia oil purchases, in a move aimed at turning up the heat on Moscow to end the war in Ukraine. The proposal, first reported by the Financial Times, was confirmed to CNBC’s Megan Cassella by two sources familiar with the matter. Trump made the request when he was called into a meeting with senior U.S. and EU officials in Washington, the Financial Times reported Tuesday, citing people familiar with the discussion. Washington was also prepared to “mirror” any tariffs imposed by Europe ... (full story)
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