According to the report, Washington's adoption of such measures will entail side effects for the United States, causing an increase in oil prices, complicating the prospects for the Trump administration to conclude trade agreements with India and China

The sweeping secondary tariffs could cut the flow of Russian oil and gas to global markets.

According to Giovanni Staunovo, commodity analyst at UBS Wealth Management, additional tariffs on Chinese goods, which already stand at 30%, would likely lift the price of…

US President Donald Trump initially gave Russia 50 days to sign a peace agreement with Ukraine, after which he threatened to impose 100% trade duties on Moscow and its trading…

The US leader confirmed several times that China, like India, is among the countries that may face additional US tariffs

Russian oil exports have proven surprisingly resilient so far, but Trump's "secondary tariff" on India, Moscow's top customer, adds to mounting pressures.

According to the report, Washington's adoption of such measures will entail side effects for the United States, causing an increase in oil prices, complicating the prospects for…