Trump is threatening China with an extra 25% tariff over Russia oil buys.

Trump was vague on this, but he couldn't stop his ego getting control of his mouth.

Trump indicated he may introduce more tariffs on China, similar to the 25% duties he recently announced against India in response to its ongoing imports of Russian oil.

  • "Could happen" Trump said, not giving further detail
  • "It may happen ... I can't tell you yet"
  • "We did it with India. We're doing it probably with a couple of others. One of them could be China."

On Wednesday, Trump imposed an extra 25% tariff on Indian products, doubling down on an earlier 25% levy, citing India's continued oil trade with Russia as the reason.

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China have a very big card to play against Trump's trtheats:

  • China’s rare earth curbs squeeze US defence supply chain, send costs soaring amid tensions
This article was written by Eamonn Sheridan at investinglive.com.

Published by: Liam's avatar Liam