&imwidth=800&imheight=600&format=webp&quality=medium "After India, Trump considering imposing tariffs on China over Russian oil purchase? Here’s what JD Vance revealed")
US President Donald Trump is considering imposing tariffs on China over the purchase of oil from Russia, Vice President JD Vance said on Sunday (Aug 10). He added that the president has “not made any firm decisions” yet. Last week, the White House announced doubling levies on India, citing the same reason, imposing a 50 per cent tariff rate.
“Well, the President said he’s thinking about it, but he hasn’t made any firm decisions,” Vance told Fox News during an interview on Sunday. Vance made the remarks after he was questioned whether Trump would impose significant tariffs on China, like he did on India, for buying Russian oil.
The vice president said that the China issue is more complicated because of their relationship with the country, adding that “it affects a lot of other things that have nothing to do with the Russian situation.”
Vance stated that Trump is “reviewing his options, and of course, going to make that decision when he decides.”
Trump had initially announced 25 per cent reciprocal tariffs on India. However, last week he imposed an additional 25 per cent trade duties on New Delhi, citing Russian oil purchase. The additional tariff rates are set to come into effect from August 27. India has called the moves taken by the US “unfair, unjustified, and unreasonable”. It added that “India will take all actions necessary to protect its national interests.”
Russia and Ukraine peace talks
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Vance also said that ceasefire negotiations between Russia and Ukraine are unlikely to satisfy either side. He further added that any peace deal will likely leave both Moscow and Kyiv “unhappy.” His remarks come ahead of the meeting between Trump and Russian President Vladimir Putin.
“It’s not going to make anybody super happy. Both the Russians and the Ukrainians, probably, at the end of the day, are going to be unhappy with it,” Vance said.
The US president and his Russian counterpart are set to meet on August 15 in Alaska to discuss ceasefire in Ukraine to end the war that is currently in its fourth.
