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The US Senate advanced a Russia sanctions bill last month. If enacted in its current form, the bill could significantly impact countries that continue importing Russian energy. (Bloomberg)

    ‘America shooting itself in the foot’: US Senators Wyden, Paul oppose 100% tariffs on India, China

    2 months ago04 mins

    US Senators Rob Wyden and Rand Paul opposed proposed 100% tariffs on India and China during a Senate debate on a Russia sanctions bill, warning that the measure could hurt American interests and strain ties with key partners. The US Senate advanced a Russia sanctions bill last month. If enacted in its current form, the…

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    U.S. Treasury Secretary Scott Bessent looks on during a press conference with U.S. Trade Representative Jamieson Greer on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., October 15, 2025. REUTERS/Ken Cedeno
    • China News

    500% tariffs on China soon? Bessent says 85 US senators ready to give Trump authority over Beijing’s Russian oil imports

    Cs news11 months ago07 mins

    US Treasury Secretary Bessent announced on Wednesday (October 15) that 85 US senators are willing to grant President Donald Trump the authority to impose tariffs of up to 500% on China for purchases of Russian oil Bessent said, “85 US senators are willing to give President Trump the authority to put up to 500% tariffs…

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