Picture : Video Grab/ You Tube
The United States has asked G7 countries to impose tariffs on countries purchasing oil from Russia, asserting that only “unified efforts” that cut off funding to Moscow’s war machine at source can apply sufficient pressure to end “the senseless killing.”
According to media reports, US Treasury Secretary Scott Bessent and the United States Trade Representative Ambassador Jamieson Greer were on a call with G7 Finance Ministers when they reiterated President Donald Trump’s call to the bloc’s partners about imposing tariffs on countries purchasing oil from Russia.
François-Philippe Champagne, Canada’s Minister of Finance and National Revenue, chaired a meeting of G7 Finance Ministers to discuss further measures to increase pressure on Russia to end its war against Ukraine.
G7 is an intergovernmental bloc of rich, industrialised countries comprising the United States, Canada, France, Germany, Italy, Japan, and the UK. Canada is the head of the rolling G7 presidency this year.
