Japan Pushes Back on US Call for Tariff Hikes Over Russian Oil

Japan’s finance minister pushed back against a US call to ramp up pressure on President Vladimir Putin to end the war in Ukraine by imposing higher tariffs on China and India for importing Russian oil.

“Japan has made a commitment within the framework of the World Trade Organization not to apply tariffs beyond its stipulated limits and to treat all member countries fairly, as long as others uphold their obligations under WTO agreements,” Finance Minister Katsunobu Kato told reporters Tuesday.