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Story summary
- President Trump has called on NATO and EU nations to impose 50-100% tariffs on China and India to pressure Russia to cease its war in Ukraine.
- This request follows discussions with EU officials aimed at accelerating peace talks between Moscow and Kyiv.
- The EU is reluctant to implement these tariffs due to its heavy dependence on Chinese imports, which could disrupt manufacturing and increase consumer prices.
- U.S. Treasury Secretary Scott Bessent stated that the U.S. will not impose additional tariffs on China unless Europe takes action first.
- China condemned the U.S. tariff proposal, describing it as economic coercion that jeopardizes global trade stability.
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