The proceeds would go into a “Ukraine victory fund,” according to The Telegraph

The administration of US President Donald Trump is pressuring EU nations that support Kiev to impose 500% tariffs on Chinese imports, with the proceeds directed toward funding Ukraine’s war effort, The Telegraph reported on Wednesday.

The proposal comes as part of Washington’s broader confrontation with Beijing, which Trump described this week as a “trade war.” His recurring threats of new tariffs and China’s retaliatory measures have already unsettled global markets. The US has also urged European nations to penalize Beijing for purchasing Russian oil and gas.

The…

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