Europe is unlikely to acquiesce to the White House's request to slap high tariffs on its Asian counterparts.

KEY POINTS

Trump reportedly asked the EU to impose tariffs on China and India to punish them for buying Russian oil.

The EU is likely to be highly wary of agreeing to do so.

A European Commission spokesperson told CNBC Wednesday that it does not “disclose details of such meetings due to the need for confidentiality.”