Trump to EU: impose 100 per cent tariffs on India and China to pressure Moscow
For his part, the US President said that trade talks with New Delhi were continuing and that he would soon speak with Indian Prime Minister Modi
2' min read
2' min read
US President Donald Trump has reportedly asked the EU to impose tariffs of up to 100 per cent on India and China as part of a joint effort to increase pressure on Russia to end its war in Ukraine. This was written by the Financial Times, according to which the US president made this request after attending a meeting between senior US and EU officials gathered in Washington to discuss how to increase the economic cost of the war for Moscow. "We are ready to go, ready to go right now, but we will only do it if our European partners join us," said a US official quoted by the British business daily. The news was confirmed to Afp by a US official, according to whom President Trump quickly linked to the meeting between US and European officials dedicated to the topic of sanctions, to push Brussels to accept tariffs of between 50 and 100 per cent on the two main buyers of Russian oil.
Beijing immediately objected to Trump's claim, stating through Chinese Foreign Ministry spokesman Lin Jian that 'China is against using the crisis in Ukraine as a pretext to exert economic pressure'. Lin stated that 'China consistently maintains an objective and fair stance on the Ukraine issue, Beijing is neither the initiator nor a participant in this crisis. We strongly oppose the use of China as a pretext for any reason and the exercise of so-called economic pressure against it'.
With regard to India, on the other hand, Trump reported on his social Truth, that negotiations between Washington and New Delhi are continuing precisely on the issue of tariffs. "I am pleased to announce that India and the United States of America are continuing negotiations to resolve trade barriers between our two nations. I look forward to speaking with my good friend, Prime Minister Modi, in the coming weeks," Trump wrote. "I am confident that there will be no difficulty in reaching a positive conclusion for both of our great countries," he concludes.
On the domestic front, the US Supreme Court announced that it will examine the appeal filed by the Trump administration concerning the president's powers to impose tariffs on US trading partners. The appeal will be heard on an expedited schedule. The accelerated timeline calls for the judges to convene for oral arguments in the first week of November. A federal appeals court, in a 7-4 decision, had ruled that the US President's use of the International Emergency Economic Powers Act (Ieepa) to justify the tariffs was illegitimate. .
