🚨 BIG BREAKING: U.S. Eyes 500% Tariffs on China Over Russia
Danny Danishy
Updated at: 3 hours ago
{"content":"🚨 BIG BREAKING: U.S. Eyes 500% Tariffs on China Over Russian Oil! 🔥
#BREAKING #Trump
In a dramatic escalation, 85 U.S. senators are reportedly backing a proposal to grant President Trump authority to impose up to 500% tariffs on China, targeting Beijing’s ongoing purchases of Russian oil.
During his remarks, Bessent said:
“China’s purchase of Russian oil fuels the war machine. China buys 60% of Russian energy and 90% of Iranian energy.”
He also slammed Beijing’s rare-earth export controls, calling China an “unreliable global partner.”
On the flip side, Trump took a softer tone on Truth Social:
“The USA wants to help China, not hurt it! Respectful President Xi doesn’t want depression for his country — and neither do I.”
China fired back, calling the tariff threat another “double standard.” Meanwhile, VP JD Vance urged China to “choose reason,” reminding them the U.S. holds strong leverage in this standoff.
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 formal statements in a rapidly escalating U.S.–China trade clash.
$ATOM $BNB $OM
#ATOM #bnb #om ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/16/f6b78bb402a31ff2472ac3febadd6a2b.png"],"tags":[],"tradingPairs":["ATOM/USDT"],"quotearticleid":0}