Trump Announces Potential New Tariffs Against China

U.S. President Donald Trump has stated that he may soon announce new tariffs against China.

According to Trump, this decision stems from the fact that Beijing is procuring large quantities of oil from Moscow.

Punitive tariffs may be imposed on one or two more countries besides India, with China being one of them. Regarding India, the White House explained that the imposition of additional 25% tariffs is due to New Delhi continuing to buy oil from Russia.

Source: RIK