US to urge G7 to impose high tariffs on China, India over Russian oil purchases, FT reports
Published by Global Banking and Finance Review
Posted on September 11, 2025
1 min readLast updated: January 21, 2026
Published by Global Banking and Finance Review
Posted on September 11, 2025
1 min readLast updated: January 21, 2026
The US is urging G7 nations to impose higher tariffs on China and India due to their Russian oil purchases, as reported by the Financial Times.
WASHINGTON (Reuters) -The United States will pressure G7 countries to impose higher tariffs on India and China for buying Russian oil, the Financial Times reported on Thursday, citing four people briefed on the plans.
(Reporting by Jasper Ward, editing by Bhargav Acharya)
The US is urging G7 countries to impose higher tariffs on India and China for their purchases of Russian oil.
The countries specifically mentioned are India and China, which are being pressured due to their oil purchases from Russia.
The information comes from a report by the Financial Times, citing four individuals familiar with the discussions.
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