5 d. ago U.S., European officials meet to discuss new sanctions on Russia

WASHINGTON — U.S. and European officials met at the U.S. Treasury Department on Monday evening to discuss various forms of economic pressure to exert on Russia, including new sanctions and tariffs on Russian oil purchases, a person familiar with the meeting told The Associated Press. The person, who spoke on the condition of anonymity to […]

Economics

2 w. ago India to Ease Russian Oil Purchases as Higher US Levies Loom

Refiners in India, among the largest buyers of Russian crude, are planning to trim their purchases in the coming weeks, a modest concession to Washington’s hawks less than a day ahead of a hike in US tariffs, but also a signal that the country has no plans to sever ties with Moscow.

Other

3 w. ago Navarro Slams India’s Russian Oil Purchases as 50% Tariffs Loom

White House trade adviser Peter Navarro blasted India for continuing to buy Russian oil and said he expects punitive tariffs of 50% on imports from the South Asian nation to kick in as planned next week.

Economics

3 w. ago India’s Russian Oil Purchases Are ‘Opportunistic,’ Navarro Says

The dramatic increase in India’s buying of Russian oil since the invasion of Ukraine is “opportunistic and deeply corrosive” of a global effort to isolate the Kremlin and curb Vladimir Putin’s war machine, White House trade adviser Peter Navarro wrote in the Financial Times.

Other

3 w. ago Trump Trade Adviser Navarro Slams India for Buying Russian Oil

The dramatic increase in India’s purchases of Russian oil since the invasion of Ukraine is “opportunistic and deeply corrosive” of a global effort to isolate the Kremlin and curb Vladimir Putin’s war machine, White House trade adviser Peter Navarro wrote in the Financial Times.

Economics

4 w. ago Trump to Hold Off Hiking China Tariffs Over Russia Oil Purchases

US President Donald Trump said he will hold off on raising tariffs on Chinese goods over the country’s purchases of Russian oil, citing progress he said was made with Vladimir Putin toward ending the war in Ukraine.

Economics