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

18 Oct 2026, 06:21 pm

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.
https://www.livemint.com/news/world/why-should-the-us-bear-the-burden-treasury-chief-bessent-says-europe-refused-tariffs-on-india-china-over-russia-11792346367852.html