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'Why should the US bear the burden?': Treasury chief Bessent says Europe refused tariffs on India, China over Russia

Katherine Langford
Editor-in-Chief · Sunday, October 18, 2026 at 6:21 PM · 1 min read
'Why should the US bear the burden?': Treasury chief Bessent says Europe refused tariffs on India, China over Russia — Mint India, Woodside Business news
Image: Mint India

US Treasury Secretary Scott Bessent has said European countries refused Washington's request to impose secondary tariffs on India and China for purchasing Russian oil, questioning why the United States should bear the economic burden of pressuring Moscow alone.

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