India and Sanctions
US Treasury Secretary Scott Bessent indicated that the US imposed secondary tariffs on India for its purchase of Russian oil. He added that sanctions are
fluid and can be adjusted, possibly escalating if the situation doesn't improve. Bessent highlighted that all options will be on the table.
European Reluctance
At a G7 meeting, European leaders were reportedly hesitant to support the US calls for secondary sanctions. Bessent mentioned that European leaders were reluctant to commit to steep tariffs on China. This reluctance highlights a difference in approaches.
Democrats' Criticism
The House Foreign Affairs Committee Democrats firmly believe that targeting India with tariffs won’t stop Putin or end the war in Ukraine. They've criticized Trump's trade approach, calling for military aid to Ukraine instead. This reveals significant internal debate within US political circles.
Adjustable Sanctions Ahead
Bessent clarified that sanctions are not fixed. They can be increased, loosened, or last indefinitely. He also pointed to the 'Russian shadow fleet' as a potential area for further action. The fluidity of sanctions indicates the US is keeping options open.
