Beijing
A major trade storm is brewing as the U.S. Senate signals full support for President Donald Trump’s plan to impose a massive 500% tariff on Chinese imports in response to Beijing’s continued energy trade with Russia. Treasury Secretary Scott Bessent confirmed the Senate’s backing during the IMF and World Bank Investment Forum, where U.S. officials drew direct links between China’s oil purchases and Moscow’s war funding. Trade Representative Jamieson Greer joined Bessent in addressing the press, emphasizing that Washington is prepared to escalate economic measures if China continues to bolster Russia’s wartime economy through energy transactions. WATCH
Updated 2 months ago
Trump is furious as China stages its largest-ever military parade, showcasing powerful weapons and global alliances. Joined by Russian President Vladimir Putin and North Korea’s Kim Jong Un, Xi Jinping sends a clear message: China is ready to challenge U.S. dominance. Why is this making Trump angry, and what is China’s strategy? Take a look.
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