🚨 BREAKING: U.S. Weighs 500% Tariffs on China Over Russian
Glasses Brother
Updated at: 2 hours ago
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🚨 BREAKING: U.S. Weighs 500% Tariffs on China Over Russian Oil Imports! 🔥
#BREAKING #Trump
In a major escalation, 85 U.S. senators are backing a plan to authorize President Trump to impose tariffs of up to 500% on China. The move targets Beijing’s continued purchases of Russian oil, which officials say are fueling Putin’s war machine.
At a press conference, Bessent stated:
> “China buys 60% of Russian energy and 90% of Iranian energy. That’s funding war. And their rare earth restrictions prove China is an unreliable partner.”
While tough rhetoric dominated, Trump struck a calmer note on Truth Social:
> “The USA wants to help China, not hurt it! Respected President Xi doesn’t want depression for his country — and neither do I.”
China hit back, accusing Washington of “typical double standards,” while VP JD Vance issued a stern warning:
> “Beijing must choose the path of reason. The U.S. holds the stronger hand.”
Trump later reassured supporters:
> “Don’t worry about China — it’ll be fine. President Xi just had a bad moment.”
⚡ Markets are jittery as traders await official policy statements amid growing U.S.–China tensions.
#PowellRemarks #FedRateCutExpectations
#BinanceHODLerYB #BinanceHODLerENSO
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