The latest U.S. sanctions on Russia’s oil and gas sector have raised the cost of chartering tankers not under restrictions so significantly that trade with China and India for delivery in March has stalled,

Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped,

US President Donald Trump has pushed India’s Prime Minister Narendra Modi to buy more American-made weapons, as he called for the countries to rebalance their trade relationship in a call late on Monday.

The US will impose tariffs on the countries that “harm” America, President Donald Trump has said, as he named China, India and Brazil as high-tariff countries. “We’re going to put tariffs on outside countries and outside people that really mean harm to us.

Donald Trump announced plans to impose tariffs on countries like China, India, and Brazil, accusing them of harming the US with high tariffs. Advocating for domestic production, he urged companies to build plants in the US and vowed support for key industries like steel,