China’s foreign minister Wang Yi has responded to US calls for Nato to impose hefty tariffs on Beijing over its alleged support for Russia in the Ukraine war, reiterating China’s commitment to peace talks and multilateralism. Trump proposed tariffs of 50-100% on China, claiming it would pressure Russia to end the conflict. Post navigation Markets this week: Fed policy outcome, US–India trade talks to guide sentiment Sanctions bite: Nayara Energy struggles with non-Russian crude for 2nd consecutive month