Trump presses EU to join U.S. in 100% tariffs on China, India to squeeze Russia.

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U.S. President Donald Trump has urged the European Union to impose tariffs of up to 100% on Chinese and Indian goods, according to U.S. and EU officials. The move, conveyed in a call with EU sanctions envoy David O’Sullivan, is part of a U.S. push to pressure Russian President Vladimir Putin by targeting two of Moscow’s biggest oil buyers. Earlier headline:Trump tells the European Union to slam China & India with 100% tariffs, to pressure PutinVia Reuters:Washington indicated it would impose matching tariffs if Brussels joined the effort, officials said. The request marks a potential shift in EU strategy, which has leaned on sanctions rather than tariffs to squeeze Russia.Trump has long criticised Beijing and New Delhi for propping up Russia’s economy through crude purchases. He raised tariffs on India earlier this year but has so far stopped short of the most punitive measures. While warning Europe to reduce its own exposure to Russian energy, Trump also hinted at warmer U.S.-India trade ties, posting on social media that he was working with Prime Minister Narendra Modi to address barriers. This article was written by Eamonn Sheridan at investinglive.com.