Trump says no imminent plans to penalise China for buying Russian oil, while India stares at looming 50% tariff

Following a meeting with Russian President Vladimir Putin in Alaska, U.S. President Donald Trump stated he doesn’t foresee the immediate need for retaliatory tariffs on countries purchasing Russian oil. However, Trump indicated this situation might change, suggesting he may need to consider such tariffs in the coming weeks, depending on future developments.

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