-
U.S. Treasury calls on G7, EU to impose tariffs on China, India over Russian oil purchases
The U.S. Treasury on Friday called on Group of Seven and European Union allies to impose “meaningful tariffs” on goods from China and India to halt their purchases of Russian oil and convened an emergency G7 finance meeting to discuss efforts to step up pressure on Moscow to end its war in Ukraine. “Chinese and Indian purchases of Russian oil are funding Putin’s war machine and prolonging the senseless killing of the Ukrainian people,” a U.S. Treasury spokesperson said in an emailed statement to Reuters. “Earlier this week, we made it clear to our EU allies that if they are serious about ending the war in ... (full story)
- Comments / Top
- Subscribe
vinta.reddy
Sep 12, 2025 9:04pm
Permalink
Schultz
Sep 12, 2025 12:35pm
Permalink
thesaint9
Sep 12, 2025 9:39pm
Permalink
-
Related Stories
From money.usnews.com | Sep 12, 2025
China's new bank loans recovered in August but were much lower than expected after unexpectedly contracting in July, as a protracted property slump and the government's campaign to rein in industrial overcapacity weighed on credit demand. Chinese banks extended 590 billion yuan ($82.84 billion) in new loans in August, bouncing back from a 50 billion yuan ...
Japan's Chief Trade Negotiator Akazawa: 15% US tariffs to cut Japan's corporate earnings by up to 3%
Japan's Chief Trade Negotiator Akazawa: 15% US tariffs to cut Japan's corporate earnings by up to 3%
From cnbc.com | Sep 12, 2025
After easing for nine straight months, Indias consumer inflation in August rose to 2.07%, in line with analyst estimates, data from the government showed Friday. Median estimates by economists polled by Reuters had pegged the year-on-year headline inflation rate at 2.1% after price growth in July hit 1.55% the lowest since June 2017 on the back of ...