Tariff tantrums: After India, China next to feel US' secondary tariffs over Russian oil? 'two or three weeks' warns Donald Trump

Tariff tantrums: After India, China next to feel US’ secondary tariffs over Russian oil? ‘two or three weeks’ warns Donald Trump

After the US imposed a 50% tariff on India, including a 25% duty for buying Russian oil, many are questioning why China was spared such action despite being one of Russia’s biggest oil buyers.US President Donald Trump said on Friday (local time) that he does not see an immediate need to impose retaliatory tariffs on…

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‘Could happen’: Donald Trump on if China faces India-like additional tariffs for buying Russian oil | World News

‘Could happen’: Donald Trump on if China faces India-like additional tariffs for buying Russian oil | World News

United States President Donald Trump indicated on Wednesday that like India, China could also face additional tariffs for doing business with Russia. Donald Trump’s remarks came hours after he signed an executive order on Wednesday, imposing additional 25 per cent tariffs on all Indian goods, taking the total tariffs on India to 50%. (AP) When…

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