Sign Up for FREE Daily Energy News
Canadian Flag CDN NEWS  |  US Flag US NEWS  | TIMELY. FOCUSED. RELEVANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • youtube2
BREAKING NEWS:

Hazloc Heaters
Zachry Integrity Engineering
Copper Tip Energy Services
Copper Tip Energy
Zachry Integrity Engineering
Hazloc Heaters


Trump Says he Could Impose More Tariffs on China, Similar to India Duties, Over Russian Oil


These translations are done via Google Translate
U.S. President Donald Trump on Wednesday said he could announce further tariffs on China similar to the 25% duties announced earlier on India over its purchases of Russian oil, depending on what happens.

“Could happen,” Trump told reporters, after saying he expected to announce more secondary sanctions aimed at pressuring Russia to end its war in Ukraine.

He gave no further details.


Get the Latest US Focused Energy News Delivered to You! It's FREE: Quick Sign-Up Here


“It may happen… I can’t tell you yet,” Trump said. “We did it with India. We’re doing it probably with a couple of others. One of them could be China.”

MicroWatt Controls: Instrumentation & Safety System Experts
GLJ
Tarco | Delivering Engineered Solutions

Trump on Wednesday imposed an additional 25% tariff on Indian goods, on top of a 25% tariff announced previously, citing its continued purchases of Russian oil.

The White House order did not mention China, which is another big purchaser of Russian oil. Last week, U.S. Treasury Secretary Scott Bessent warned China that it could also face new tariffs if it continued buying Russian oil.

(Reporting by Andrea Shalal; Editing by Leslie Adler and Daniel Wallis)



Share This:



More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE