Trump Spares India, Targets China: 100% Tariff Threat in New Push Against Russia’s Allies
Donald Trump has shifted his tariff war, sparing India after months of criticism and targeting China with threats of 50–100% duties for its Russian oil purchases. The recalibration reflects Washington’s need to keep India from aligning further with Moscow and Beijing, while pressuring China as the key enabler of Vladimir Putin.
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US Treasury Chief Scott Bessent Warns of Strong Measures on Russia as Trump Pushes ‘Second Phase’ of Sanctions
US Treasury Secretary Scott Bessent warned that Washington is prepared to take strong measures against Russia over its war in Ukraine. Speaking after meetings with EU sanctions envoy David O’Sullivan, Bessent said “business as usual has not worked,” while Trump signaled readiness for a “second phase” of sanctions targeting Russian oil buyers.
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Trump Urges EU to Slap 100% Tariffs on China and India to Pressure Russia Amid Ukraine War
US President Donald Trump has urged the European Union to impose tariffs of up to 100% on China and India, the two biggest buyers of Russian oil. The request, conveyed during a meeting with EU sanctions envoy David O’Sullivan, reflects Trump’s push to pressure Vladimir Putin by targeting Moscow’s energy revenues. If adopted, it would mark a major shift in EU strategy from sanctions to tariffs.
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Tariffs on Russian Oil Buyers Could Trigger Economic Collapse, Says US Treasury Chief
US Treasury Secretary Scott Bessent warned that secondary tariffs on countries buying Russian oil including India and China could collapse Moscow’s economy and force Vladimir Putin into peace talks on Ukraine. He urged the EU to align with Washington as Trump signals a tougher ‘phase two’ sanctions plan.
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US-China Trade Talks in Stockholm: Truce Extension, Fentanyl Tariffs, and Rare Earth Deal in Focus
As the August 12 tariff deadline looms, high-level US-China trade talks kick off in Stockholm. Topics include fentanyl-linked tariffs, rare earths, and a potential Trump-Xi summit. A truce extension appears likely.
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Trump Warns 10% Tariff on Countries Backing BRICS ‘Anti-American Policies’
President Trump threatens a 10% tariff on nations supporting BRICS "anti-American policies" as the U.S. tariff pause ends July 9. Rising global trade tensions, India’s delicate position, and BRICS reforms drive uncertainty.
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