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EU Reluctant to Impose Oil-Related Tariffs on China and India
The European Union is not ready to slap tariffs on India and China for their continued buying of Russian oil, Reuters has reported, citing unnamed officials from Brussels. The reluctance comes from the EU’s attitude to tariffs, which is one of caution, with tariffs only implemented after “lengthy investigations designed to provide a solid legal basis,” per the report. “So far, there has been no discussion of tariffs, either on India or on China,” one of the unnamed sources told Reuters, adding that Brussels was just…