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

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.

—

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