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Trump presses European Union to impose 100% tariffs on India and China to squeeze Putin
CNBCยท2025-09-10 01:01

Core Points - U.S. President Donald Trump has requested the European Union to impose tariffs of up to 100% on China and India due to their purchases of Russian oil, aiming to pressure Moscow to end the war in Ukraine [1][2] - The U.S. has already implemented a 25% tariff on imports from India related to Russian oil, raising total duties to 50%, which India has criticized as "unfair" [3] - The EU's trade with Russia was valued at 67.5 billion euros ($78.1 billion) in 2024, with services trade at 17.2 billion euros in 2023 [3] - Bilateral trade between India and Russia reached a record $68.7 billion for the year ending March 2025, significantly up from $10.1 billion pre-pandemic [4] - China, the largest buyer of Russian oil, has avoided secondary tariffs after negotiating a reduction to 30% on its products with Washington [4] - Trump's proposal follows a missed deadline for Russian President Putin to meet with Ukrainian President Volodymyr Zelenskiy, indicating a lack of interest in peace talks from Russia [5]