Days after US President Donald Trump pushed his double-edge comments about hitting China with additional 100% tariffs, while also wanting to “help” the second-largest economy, Scott Bessent targeted the Asian country once again. Laying out an even more vicious threat of hefty duties, the US Treasury Secretary said on Wednesday (US time) that a significant…
US Treasure Secretary Scott Bessent continued to speak out against India and China’s stance as the biggest purchasers of Russian oil amid the war in Ukraine. In a new interview with Fox News, he suggested this week that while both countries have emerged as major contributors fuelling “Russia’s war machine,” the focus is soon going…
Nikki Haley, former US Ambassador to the United Nations, on Tuesday (August 5) criticised the Trump administration for what she called a double standard in its approach to oil trade with Russia, warning against straining US-India ties. Posting on X (formerly Twitter), Haley said, “India should not be buying oil from Russia. But China, an…
When the United States demanded that China and India stop buying Russian oil, it likely didn’t anticipate triggering a geopolitical alignment between two long-time rivals. But that’s what’s unfolding. While far from coordinated, and certainly not allies, Beijing and New Delhi are responding in strikingly similar fashion: with defiance. Facing mounting pressure from the Trump…