US Treasury Secretary Calls On G7 To Impose Tariffs On India, China And Others Purchasing Russian Oil
The US Treasury Secretary Scott Bessent on September 12, 2025, called on G7 countries to join the US in imposing tariffs on countries purchasing Russian oil. This was framed as a unified approach to cut off revenues funding Russia’s war machine to end the war in Ukraine.The US has already imposed a 25% additional tariff on India for its continuing purchases of Russian oil, adding to a previous 25
The US Treasury Secretary Scott Bessent on September 12, 2025, called on G7 countries to join the US in imposing tariffs on countries purchasing Russian oil. This was framed as a unified approach to cut off revenues funding Russia’s war machine to end the war in Ukraine.The US has already imposed a 25% additional tariff on India for its continuing purchases of Russian oil, adding to a previous 25
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