FILE PHOTO: U.S. President Donald Trump talks to the property connected the South Lawn of the White House, successful Washington, U.S., September 7, 2025.
Annabelle Gordon | Reuters
U.S. President Donald Trump has asked the European Union to deed China and India with tariffs of up to 100% implicit the countries' Russia lipid purchases, successful a determination aimed astatine turning up the vigor connected Moscow to extremity the warfare successful Ukraine.
The proposal, archetypal reported by the Financial Times, was confirmed to CNBC's Megan Cassella by 2 sources acquainted with the matter.
Trump made the petition erstwhile helium was called into a gathering with elder U.S. and EU officials successful Washington, the Financial Times reported Tuesday, citing radical acquainted with the discussion. Washington was besides prepared to "mirror" immoderate tariffs imposed by Europe connected the 2 countries, the study said.
The U.S. has imposed a punitive 25% tariff connected imports from India implicit New Delhi's purchases of Russian oil, taking the full duties to arsenic precocious arsenic 50%. India has said the tariffs are "unfair, unjustified and unreasonable," portion calling retired the U.S. and the EU's commercialized with Russia.
The EU's bilateral commercialized with Russia stood astatine 67.5 cardinal euros ($78.1 billion) successful 2024, portion its services commercialized successful 2023 was astatine 17.2 cardinal euros, according to European Commission data.
Data from the Indian embassy successful Moscow showed bilateral commercialized betwixt New India and Russia reached a grounds $68.7 cardinal for the twelvemonth ended March 2025, astir 5.8 times higher than the pre-pandemic commercialized of $10.1 billion.
China, the biggest purchaser of Russian oil, has truthful acold been spared from the "secondary" tariffs, aft securing a truce with Washington to trim the caller levies connected its products to 30%.
Trump's connection comes arsenic his deadline for Putin to clasp a meeting with Ukraine's President Volodymyr Zelenskiy passed without immoderate motion that the Russian person – whom Trump met past period successful Alaska — was funny successful engaging successful bid talks.
While Washington's quest to broker a bid woody betwixt Russia and Ukraine has travel to naught, Putin appears to person cemented his ties with Chinese President Xi Jinping and Indian Prime Minister Narendra Modi during their gathering astatine the Shanghai Cooperation Organization successful Beijing past week.
In a station connected X Tuesday nighttime stateside, Trump said the U.S. and India person resumed commercialized negotiations to code the commercialized barriers. While calling Modi a "very bully friend," the president said helium was "certain that determination volition beryllium nary trouble successful coming to a palmy conclusion."
Washington's negotiations with China look to beryllium struggling to scope a breakthrough, with a late-August sojourn to Washington by apical Chinese commercialized negotiator Li Chenggang yielding small progress.
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