FT reported on Trump's proposal to the European Union to increase duties against China and India

American leader Donald Trump has proposed to the European Union (EU) to increase trade duties on China and India by 100%. This was reported on September 9 by the Financial Times (FT) newspaper, citing sources.

"Trump has asked the EU to raise tariffs to 100% for India and China," the publication says.

It is clarified that the American leader made a corresponding proposal to the EU as part of joint efforts to put pressure on Russia.

Stay the course: how will trade between Russia and China change after Putin's visit to China

Why has the trade turnover between Moscow and Beijing decreased slightly this year and how can the countries be useful to each other?

On September 8, Chinese President Xi Jinping announced during an extraordinary online BRICS summit that trade and tariff wars were seriously undermining the global economy. According to him, no country can afford self-isolation, it is necessary to build an open global economy.

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