Trump Signals More Tariffs on China Over Ties With Russia

Trump Signals More Tariffs on China Over Ties With Russia
Washington: U.S. President Donald Trump has hinted at imposing additional tariffs on China due to its growing closeness with Russia.
Speaking to journalists, Trump stated that a 50% tariff has already been imposed on India, and China could soon face similar tariff measures.
He warned that China may face even stricter tariffs due to its continued oil purchases from Russia, while the decision on tariffs against Russia will be made later.
Trump said that talks with Russian officials have made significant progress, describing it as a good opportunity. He added that a meeting with Russian officials would take place soon. The U.S. is also planning to impose nearly 100% tariffs on the import of microchips and semiconductors.
Commenting on Iran, Trump warned that if Iran restarts its nuclear program, the U.S. would respond with military action.
It is worth noting that President Trump has already imposed an additional 25% tariff on India, bringing the total U.S. tariff on Indian goods to 50%.
Read More:Â U.S. Imposes Full Ban on Russian Oil Imports: Trump Warns India of Consequences
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