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US to urge G7 to impose high tariffs on China, India over Russian oil purchases, FT reports

Published by Global Banking & Finance Review

Posted on September 11, 2025

1 min read

· Last updated: January 21, 2026

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US to urge G7 to impose high tariffs on China, India over Russian oil purchases, FT reports
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WASHINGTON (Reuters) -The United States will pressure G7 countries to impose higher tariffs on India and China for buying Russian oil, the Financial Times reported on Thursday, citing four people

US Pushes G7 for Increased Tariffs on China and India Over Oil Trade

WASHINGTON (Reuters) -The United States will pressure G7 countries to impose higher tariffs on India and China for buying Russian oil, the Financial Times reported on Thursday, citing four people briefed on the plans.

(Reporting by Jasper Ward, editing by Bhargav Acharya)

Key Takeaways

  • US plans to pressure G7 for higher tariffs on China and India.
  • The move is in response to their purchase of Russian oil.
  • Financial Times cites sources familiar with the plans.
  • The strategy aims to curb Russian oil trade.
  • G7 countries are being urged to take collective action.

Frequently Asked Questions

What is the US urging G7 countries to do?
The US is urging G7 countries to impose higher tariffs on India and China for their purchases of Russian oil.
Which countries are specifically mentioned in the tariff discussions?
The countries specifically mentioned are India and China, which are being pressured due to their oil purchases from Russia.
What is the source of this information?
The information comes from a report by the Financial Times, citing four individuals familiar with the discussions.

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