67 m. ago
Ukraine war briefing: Trump sanctions threat on Russian oil buyers could hit China, India
Trump threatens Putin over ceasefire; Russia claims it has taken control of a Donetsk village. What we know on day 1,132China and India could be affected if Donald Trump introduces tariffs of 25-50% against countries buying Russian oil, analysts and officials have suggested. Dan Sabbagh reports that the US president told NBC he would impose such measures within a month “if a deal isn’t made, and if I think it was Russia’s fault”, as he vented frustration at Vladimir Putin’s delaying tactics and attempts to discredit Volodymyr Zelenskyy, the Ukrainian president.Some countries, including China and India, are not participating in anti-war sanctions against Russian oil. Secondary sanctions or tariffs imposed directly on them by the US could further limit Putin’s access to oil revenue to fund the war. While not joining the international sanctions against Russia, China has been wary about breaching them in case it attracts secondary penalties. Some Chinese banks, for example, have curtail...
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