The US and Europe Are Still Doing Billions of Dollars’ Worth of Business with Russia Despite Years of War
15 Articles
15 Articles
By Lauren Kent, CNN US President Donald Trump is threatening to impose an additional 25% tariff on India, as well as higher tariffs on other countries that buy Russian oil, in an attempt to pressure Moscow to end the war in Ukraine. But the US and Europe continue to do billions of dollars in trade with Russia, though it is only a fraction of the trade that existed before the war. India has argued that it is being unfairly singled out for the inc…
By Lauren Kent, CNN US President Donald Trump is threatening to impose an additional 25% tariff on India, as well as higher tariffs on other countries that buy Russian oil, in an attempt to pressure Moscow to end the war in Ukraine. But the US and Europe continue to do billions of dollars in trade with Russia, though it is only a fraction of the trade that existed before the war. India has argued that it is being unfairly singled out for the inc…
Treasury secretary urges Europe to back tariffs on Russian trade partners
By Bill Pan Contributing Writer Europe must be ready to join the United States in imposing higher tariffs on China and other countries that buy Russian energy, U.S. Treasury Secretary Scott Bessent said on Wednesday. In an interview with Bloomberg, Bessent said sanctions on Russia — and nations doing business with it — ”can go up” or “can be loosened” depending on the outcome of President Donald Trump’s meeting with Russian President Vladimir …
The US and Europe are still doing business with Russia despite years of war
US President Donald Trump is threatening tariffs on other countries that buy Russian oil, in an attempt to pressure Moscow to end the war in Ukraine. But the United States and Europe themselves are still doing billions of dollars in trade with Russia.
Treasury Secretary Urges Europe to Back US Tariffs on Russian Trade Partners
Europe must be ready to join the United States in imposing higher tariffs on China and other countries that buy Russian energy, U.S. Treasury Secretary Scott Bessent said on Aug. 13. In an interview with Bloomberg, Bessent said sanctions on Russia—and nations doing business with it—”can go up” or “can be loosened” depending on the outcome of President Donald Trump’s meeting with Russian President Vladimir Putin, scheduled for Aug. 15. Regardless…
US Treasury Secretary Scott Bessent has called on European states to adjust to higher tariffs against China and other countries that buy Russian energy.
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