Why is the US sparing China, but not India, for importing Russian oil? | Business and Economy News

United States President Donald Trump has threatened to slap new sanctions on Russia and secondary sanctions on countries that buy Moscow’s crude in efforts to end the Russia-Ukraine war.

While Trump imposed an additional 25 percent tariff earlier this month – to a total of 50 percent – on India’s goods, citing its continued imports of Russian oil, he has not instigated similar punitive actions against China, the largest buyer of Russian energy.

So, why has the Trump administration…