Trump Signals Possible New China Tariffs

U.S. President Donald Trump suggested he might announce new tariffs on China akin to earlier 25% duties imposed on India for buying Russian oil. Trump hinted at secondary sanctions to pressure Russia regarding its operations in Ukraine, though details were not provided.

U.S. President Donald Trump indicated on Wednesday the possibility of imposing new tariffs on China. This move would be similar to the 25% duties previously levied on India concerning its purchase of Russian oil.

"Could happen," Trump remarked to reporters, hinting at potential secondary sanctions focused on pressuring Russia.

The President refrained from providing specific details on the anticipated measures.