Trump gains a tariff weapon against China and India. Will he use it?
U.S. House has paved the way for a legislation that will allow Trump to impose up to 100% tariffs on countries buying Russian oil, giving him leverage against India and China.
Overview
U.S. House has paved the way for a legislation that will allow Trump to impose up to 100% tariffs on countries buying Russian oil, giving him leverage against India and China.
Source
Originally published at www.cnbc.com.
Related Articles
- President Donald Trump Claims Fuel Prices Will Drop "Quickly" When the U.S. Wins the Iran War, but He's Completely Missing the Bigger Picture
- Revolution Medicines Just Hit a Major Milestone. Is the Stock a Buy?
- Anthropic Is Targeting a Valuation of Over $2 Trillion in Its IPO. Here's Why Smart Investors Will Wait Before Buying
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.