12 September 2025, 04:50  USA: U.S. Presses G7 to Levy Tariffs on India, China Over Russian Oil.

The U.S. will urge G7 countries to impose steep tariffs on India and China for buying Russian oil, aiming to pressure Moscow into peace talks with Ukraine, the Financial Times reported. G7 finance ministers will discuss the proposal in a video call later today as President Trump intensifies efforts to broker a deal. Washington has already raised tariffs on Indian imports to 50% and briefly hiked levies on Chinese goods earlier this year. While the U.S. has floated levels of 50–100%, EU officials warned such measures could damage ties with New Delhi and trigger retaliation from Beijing. Instead, Brussels is pushing alternatives, including earlier deadlines for ending Russian energy purchases and tighter sanctions, though resistance from Hungary and Slovakia remains a hurdle.

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