Former US President Donald Trump has issued a new threat to impose 100 percent tariffs on China, a move he claims is aimed at pressuring Russia to end the war in Ukraine. Trump urged the NATO alliance to collectively levy 50% to 100% tariffs on Chinese imports, which would be withdrawn once the conflict subsides. This stance is notable as Trump has not yet sanctioned China, despite it being Russia's largest oil buyer, a decision that has faced criticism.
The new warning follows Trump's existing "massive 50 percent tariff" on India, which includes a 25 percent levy specifically for New Delhi's purchases of Russian crude oil. Trump conceded that this action "causes a rift" with India, describing it as "not an easy thing to do". India has called the US measure unfair, questioning why it was singled out, and asserts its energy procurement is guided by national interest.
Furthermore, US Commerce Secretary Howard Lutnick has indicated that a trade agreement with India is contingent upon the country ceasing its Russian oil imports. This reflects ongoing tensions over trade and energy policies between the nations. that a trade agreement with India is contingent upon the country ceasing its Russian oil imports. This reflects ongoing tensions over trade and energy policies between the nations.
Trump cited India’s voter-ID system while backing the SAVE America Act, highlighting differences in voting rules between the two countries.
A Russian missile strike hit Lakshmi Mittal-linked ArcelorMittal’s steel plant in Ukraine, killing two and injuring several others as the war escalates.
A powerful earthquake in Indonesia has killed 53 people and forced around 5,000 to evacuate, as aftershocks and landslides hamper rescue efforts.
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