Trump Not Imposing Punitive Tariffs on China for Buying Russian Oil Yet

US President Donald Trump has stated that he is not currently considering imposing punitive tariffs on China and other countries purchasing Russian oil. He made these remarks on Friday. However, he also indicated that while he is not thinking about it now, he might have to consider such measures “in two or three weeks.” Notably, he has already imposed punitive tariffs on Indian goods for the same reason.

Trump has warned that if no steps are taken to end the Ukraine war, sanctions will be imposed on Moscow, and another round of sanctions may also be issued against countries buying oil from Russia. China and India are the two largest buyers of Russian oil. *Reuters*

Last week, Trump imposed an additional 25% tariff on Indian goods, accusing India of continuing to import Russian oil. However, despite China being the largest buyer of Russian oil, he has not taken similar measures against the country.

Fox News host Sean Hannity asked Trump whether, after failing to reach a resolution or at least a ceasefire in the Ukraine war during a meeting with Russian President Vladimir Putin in Alaska, he is now considering such measures against Beijing.

Trump responded, “Well, given what happened today, I don’t think we need to think about it right now. Maybe in two or three weeks, we might have to think about it, but not now. I think the meeting went very well.”

The reality is that if Trump moves forward with increasing Russia-related sanctions and tariffs, it could further harm Chinese President Xi Jinping’s already slowing economy.

To reduce tensions between the world’s two largest economies and lower import tariffs, Xi and Trump are discussing a trade agreement. If Trump intensifies repressive measures, China could become the biggest target outside of Russia.

**India’s Position**

Following the imposition of a total of 50% tariffs on Indian goods, India’s Ministry of External Affairs stated, “The United States has recently targeted India’s oil imports from Russia. We have already clarified our position on these matters. The fact is that India’s imports are driven by market dynamics. This is being done to ensure the energy security of India’s 1.4 billion people.” India’s Ministry of External Affairs described the US imposition of punitive tariffs as unfortunate, citing the need to protect national interests.