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Trump presses European Union to impose 100% tariffs on India and China to squeeze Putin

1. Trump proposes 100% tariffs on China and India for Russian oil purchases. 2. Bilateral trade between India and Russia reached $68.7 billion in 2025. 3. EU's trade with Russia was €67.5 billion in 2024, impacting global market dynamics. 4. China remains unaffected by these tariffs after a truce with Washington. 5. US-India trade negotiations have resumed, indicating potential resolution in trade tensions.

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FAQ

Why Bullish?

The tariffs proposed could lead to increased volatility in FXI. Historical examples include how tariffs influenced market conditions in 2018-2019 when US-China trade tensions escalated.

How important is it?

The article discusses trade negotiations and tariffs that significantly affect China, which has direct implications for FXI as it focuses on Chinese stocks.

Why Short Term?

The proposed tariffs may have immediate effects on trade and market sentiment, especially impacting FXI in the near future due to potential market reactions.

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