Trump says no imminent plans to penalize China for buying Russian oil

5 hours ago 3

U.S. President Donald Trump gestures arsenic helium holds a property league with Russian President Vladimir Puting pursuing their gathering to negociate an extremity to the warfare successful Ukraine, astatine Joint Base Elmendorf-Richardson successful Anchorage, Alaska, U.S., August 15, 2025.

Jeenah Moon | Reuters

U.S. President Donald Trump said connected Friday helium did not instantly request to see retaliatory tariffs connected countries specified arsenic China for buying Russian lipid but mightiness person to "in 2 oregon 3 weeks."

Trump has threatened sanctions connected Moscow and secondary sanctions connected countries that bargain its lipid if nary moves are made to extremity the warfare successful Ukraine. China and India are the apical 2 buyers of Russian oil.

The president past week imposed an further 25% tariff connected Indian goods, citing its continued imports of Russian oil.

However, Trump has not taken akin enactment against China.

He was asked by Fox News' Sean Hannity if helium was present considering specified enactment against Beijing aft helium and Russian President Vladimir Putin failed to nutrient an statement to resoluteness oregon intermission Moscow's warfare successful Ukraine.

"Well, due to the fact that of what happened today, I deliberation I don't person to deliberation astir that," Trump said aft his acme with Putin successful Alaska.

"Now, I whitethorn person to deliberation astir it successful 2 weeks oregon 3 weeks oregon something, but we don't person to deliberation astir that close now. I think, you know, the gathering went precise well."

Chinese President Xi Jinping's slowing system volition endure if Trump follows done connected a committedness to ramp up Russia-related sanctions and tariffs.

Xi and Trump are moving connected a commercialized woody that could little tensions - and import taxes - betwixt the world's 2 biggest economies. But China could beryllium the biggest remaining target, extracurricular of Russia, if Trump ramps up punitive measures.

Read Entire Article