US Treasury Secretary Bessent stated that Canada was willing to join the US in imposing secondary tariffs related to Russia. However, he reiterated that European countries remain unwilling to participate in these secondary sanctions. Bessent called on European Union allies to increase pressure on Russia and urged them to join the US in threatening India with tariffs for purchasing Russian oil. He criticized the EU for what he described as hypocrisy, noting that some European countries continue to buy Russian crude despite the sanctions efforts.
LeBlanc leaving Washington with sense progress made on trade dispute https://t.co/fXgu1hzVqS https://t.co/6Tp6YsZ7hh
LeBlanc has said Canada’s counter-tariffs were a significant point of contention with the Trump administration amid negotiations of a new economic and security relationship #cdnpoli #cdnecon https://t.co/AUtpWbyGeR
Europe needs to step up with pressure on Russia — Bessent Wants EU allies to join US in threatening India with tariffs for buying Russian oil Calls them out for buying Russian crude themselves Hypocrisy has always been EU's strong suit https://t.co/fCt47hgG5k https://t.co/uueG4UszrO