NEXTA reported last night (June 29): "The United States is threatening to impose tariffs of up to 500% on imports from India and China to counter trade with Russia. Republican Senator Lindsay Graham announced that the new sanctions bill will impose tariffs as high as 500% on goods from countries that continue to cooperate with Russia and do not support Ukraine."
Graham specifically mentioned India and China, calling them the main buyers of Russian oil, and stating that in Washington's view, they are helping fund the Kremlin's war efforts. This initiative is part of a broader sanctions campaign planned by Trump and the Republicans to be launched as early as July.
[Witty] Comment: If the United States acts recklessly and imposes tariffs as high as 500% on multiple countries, it will also face retaliation on a similar scale. In the context of the prolonged Ukraine-Russia conflict, the United States is once again planning other measures. The U.S. move to impose high tariffs on India and China is another manifestation of its hegemonic thinking, but will such threats actually be effective? The U.S. attempt to use economic means to coerce other countries to change their foreign policies seriously violates the basic principles of international relations and the principle of free trade. As the world's second-largest economy, China has strong economic resilience and diversified foreign trade, and will not easily yield to the U.S. threat. Whether India will compromise remains unclear for now.
Original article: https://www.toutiao.com/article/1836314130660420/
Statement: This article represents the personal views of the author.