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Oil
Oil: Are the astronomical tariffs even hurting the USA?

Trump is considering possible tariffs against China for buying Russian oil.

8/7/2025

US President Donald Trump said on Wednesday (6 August 2025) that he could punish China with additional tariffs over its purchase of Russian oil, although one of his top advisers played down the likelihood.Trump raised the possibility after already announcing a doubling of tariffs on Indian goods for buying Russian energy. When asked by a reporter…

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