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    Home»Earnings»Trump asks EU to impose tariffs of up to 100% on India and China | Russia
    Earnings

    Trump asks EU to impose tariffs of up to 100% on India and China | Russia

    onlyplanz_80y6mtBy onlyplanz_80y6mtSeptember 10, 2025No Comments3 Mins Read
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    Trump asks EU to impose tariffs of up to 100% on India and China | Russia
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    Donald Trump has requested the EU to impose tariffs of as much as 100% on India and China as a part of an effort to power the Russian president, Vladimir Putin, to finish the conflict in Ukraine.The US president made the demand throughout a gathering between US and EU officers discussing choices to extend financial strain on Russia on Tuesday, based on a White Home official.One US official informed The Monetary Instances that Trump administration was “able to go, able to go proper now, however we’re solely going to do that if our European companions step up with us”.Trump’s proposal comes amid his frustration at brokering a peace deal, together with at a high-profile summit with Putin in Alaska, and amid Russia’s growing drone assaults, together with its largest ever air assault on Ukraine final week.After the assembly in Washington, Trump informed reporters he anticipated to have a name with the Russian president “this week or early subsequent week”.The transfer by Trump follows Putin strengthening his relationship along with his Chinese language counterpart, Xi Jinping, and India’s prime minister, Narenda Modi, at a showpiece summit in China.Final month, the US elevated tariffs on Indian imports to 50% in response to the nation’s purchases of Russian oil.On Tuesday, Trump wrote on his social media platform that commerce negotiations with India would proceed.“India, and the US of America, are persevering with negotiations to handle the Commerce Obstacles between our two Nations,” he wrote on Fact Social. “I stay up for talking with my superb pal, Prime Minister Modi, within the upcoming weeks. I really feel sure that there can be no issue in coming to a profitable conclusion for each of our Nice Nations!”EU officers, led by the bloc’s sanctions chief, David O’Sullivan, participated within the discussions in Washington, which featured senior US Treasury officers.The strain from Trump comes at a pivotal second for his tariff insurance policies. In Could, the US commerce courtroom dominated that the tariffs “exceed any authority granted to the president”. A federal appeals courtroom upheld that ruling on the finish of August, and the case is now heading to the supreme courtroom.The supreme courtroom listening to is ready to listen to the case within the first week in November and the tariffs stay in place forward of its ruling. However the unsure way forward for Trump’s tariffs has sophisticated the administration’s negotiations with buying and selling nations and threatens to go away the US with an enormous invoice ought to the courtroom rule towards them.On Sunday, Scott Bessent, the US treasury secretary, stated he was “assured” that the administration would win its case on the supreme courtroom, though authorized consultants are divided and the decrease courts have constantly dominated towards them.Bessent has stated the US must refund tens of billions of {dollars} in tariffs ought to the courtroom rule them unlawful. “We must give a refund on about half the tariffs, which might be horrible for the treasury,” Bessent stated in an interview Sunday on NBC’s Meet the Press.

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