🚨 BREAKING UPDATE: The U.S. is reportedly considering massi
Trading on news
Updated at: 11 hours ago
{"content":"🚨 BREAKING UPDATE:
The U.S. is reportedly considering massive 500% tariffs on China over its purchases of Russian oil!
A total of 85 U.S. senators are backing a new bill that would let President Trump take this action — accusing Beijing of funding Putin’s war through oil imports.
At a press briefing, Bessent stated:
“China buys 60% of Russian energy and 90% of Iranian energy. That’s funding war. Their rare earth bans show they can’t be trusted.”
Meanwhile, Trump shared a softer tone on Truth Social:
“The USA wants to help China, not hurt it! President Xi doesn’t want a depression — and neither do I.”
China quickly fired back, calling it “typical double standards,” while VP JD Vance warned:
“Beijing must choose reason. The U.S. holds the stronger hand.”
Trump later tried to calm markets:
“Don’t worry about China — it’ll be fine. Xi just had a bad moment.”
⚡ Global markets are cautious as traders wait for official policy updates amid growing U.S.–China tension.
#BREAKING #TRUMP #China #Markets #BinanceHODLerYB #BinanceHODLerENSO #CryptoNews
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