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Trump Says No Imminent Plans to Penalize China for Buying Russian Oil
Trump has threatened sanctions on Moscow and secondary sanctions on countries that buy its oil if no moves are made to end the war in Ukraine. China and India are the top two buyers of Russian oil. The president last week imposed an additional 25% tariff on Indian goods, citing its continued imports of Russian oil.
Trump vows more secondary sanctions for Russia oil buyers are coming, including potentially on China
US President Donald Trump warned Wednesday that more punishment was coming for countries buying Russian energy products after slapping a 25% tariff on India that is supposed to go into effect Thursday.
U.S. Treasury Secretary Scott Bessent acknowledges China's position on oil purchases but suggests an overall trade deal ...
Oil prices rose on Tuesday as the United States and China extended a pause on higher tariffs, easing concerns an escalation ...
Chinese refiners are asking for less oil from Saudi Arabia, with the drop possibly pointing to a reshuffle of global flows as ...
Treasury Secretary Scott Bessent said China’s dependence on Iranian and Russian oil is a key issue in upcoming trade talks.
The Chinese government is boosting domestic production and the EV industry in the name of national security. There are 14 ...
China's Zhenhua Oil is set to double its oil offtake from Abu Dhabi National Oil Co to 200,000 barrels per day after taking ...
China's oil refining output remained strong in July, with increased utilization at state-owned refiners and a jump in crude ...
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Canola industry asks Ottawa to curtail vegetable-oil imports after China imposes new trade barriers
Beijing announced 75.8-per-cent duties on Canadian canola seed Tuesday, an escalation of the 100-per-cent tariffs imposed on ...
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