Trump Increases Trade Pressure on India and China Over Russian Oil

Reported about 5 hours ago

President Trump is urging India and China to cease importing oil from Russia and Iran, complicating ongoing trade discussions. While China asserts its commitment to securing energy based on national interests, India has not mandated its refiners to stop purchases. Meanwhile, U.S. Trade Representative Jamieson Greer announced progress on rare earth supply agreements with China but indicated that negotiations are still at an early stage. New tariffs from Trump on several countries, including a steep 39% for Swiss imports, are set to take effect soon, further reshaping the global trade landscape.

Source: YAHOO

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