US urges G7 and EU to tariff China and India over Russian oil purchases

japantimes.co.jp

The U.S. is urging G7 and EU allies to impose tariffs on China and India for buying Russian oil, aiming to pressure Russia to end the Ukraine war. Washington also proposes a legal framework for seizing frozen Russian sovereign assets, potentially using them to fund Ukraine's defense. President Trump expressed dwindling patience with Putin and threatened further sanctions. The majority of Russia's approximately $300 billion in immobilized assets are held in Europe. Trump mentioned potential sanctions on banks and oil-related entities.


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