US President Donald Trump has not yet decided whether to save tariffs to China for buying oil from Russia, referring to the complexity of relations between the US and China, which, according to Vice President JD, exceeds Russia’s conflict.
“The president said he was thinking about it, but he did not make any fixed decisions,” Vance said on Sunday Fox News. He responded to the question of whether Washington would apply the same tariff measures to China as a country like India, which also imports Russian oil.
Also read: I’m glad you see warming ties in US-Rusko, Xi Jinping says to Putin because China defends the import of Russian oil
“It is obvious that the problem of China is a bit more complicated because our relationship with China affects many other things that have nothing to do with the Russian situation,” Vance said.
He added that Trump “reviews his possibilities and of course he decides when he decides”.
Initially, the US deposited 25 percent of mutual tariffs in India, and Trump slapped another 25 percent for Delhi last week for Russian oil purchases, increasing the total obligations to India to 50 %, among the highest US deposited in any country in the world.
Oil prices have decreased in August after three consecutive months of profits because investors have entered an excessive offer at the end of this year. The decline monitors OPEC’s decision to relieve production cuts and cause fears of excess. Meanwhile, raw futures were also under the pressure of the symptoms of economic growth in the US, where wider trade tariffs under Trump dampened economic activity and threatened energy demand.
Read also: The Nobel Laureate Abhijit Banerjee on Trump tariffs: “India should consider whether cheap Russian oil is beneficial”
The US has tried to convey a ceasefire in Ukraine in the last month, but its efforts have failed. While Kyiv basically agreed, the Kremlin continues to seek more favorable conditions.
Trump also released an ultimatum, which imposed further sanctions on Russia and introduced secondary tariffs focused on countries buying Russian oil, if the Kremlin did not understand the settlement. The deadline was Friday. The White House did not answer questions on Saturday about possible sanctions.
What does China say about buying Russian oil?
On August 8, China prevented its ongoing import of Russian oil and rejected the US threats of new tariffs after storing secondary doses of Washington in India for buying energy from Moscow.
Also read: The White House official reveals why we are not tariff China for buying Russian oil: “I don’t want to get to the point …”
“It is legitimate and legal for China to carry out normal economic, business and energy cooperation with all countries around the world, including Russia,” the Chinese Foreign Ministry said in a statement in Bloomberg News. “We will continue to take adequate measures for energy security according to our national interests.”
Business relations between the US and China
From January to June 2025, the country recorded total exports of $ 56.01 billion and imports of $ 167.48 billion, resulting in a $ 111.47 billion trade deficit.
Monthly data show a consistent business imbalance, although the gap has gradually narrowed over time. In January, the deficit was $ 31.74 billion, exported to $ 9.90 billion and is imported with $ 41.64 billion. In June, exports increased to $ 9.44 billion, while imports dropped to $ 18.95 billion, reducing the deficit to $ 9.51 billion. According to the census data, this trend reflects a constant improvement in business balance in six months.
2025: American trade in goods with China. (Photo: Census United Trade)
Meanwhile, according to recent customs data, Chinese imports from Russia in July slightly increased to $ 10.06 billion, which is the highest monthly value since March. However, total imports from Russia remain 7.7 % lower compared to the same period in 2024.
Bloomberg reported and quoted the sources that we and Russian officials are working on an agreement that would block the Moscow occupation of the territory confiscated during his military invasion.
The US is trying to get a buy-in from Ukraine and its European allies on the agreement, which is far from certain, they said.
Also read: Russian oil imports could hit Indian OMCS GRM by $ 1-1.5/BBL, says the message
Meanwhile, the US finds that in its negotiations with China goes to a fine line. While President Trump increases the pressure on Beijing through customs threats and the prospect of secondary sanctions, his administration also deals with ongoing negotiations on trade ceases.
According to reports, Finance Minister Scott Bessnt has recently assured Chinese officials that Washington is determined to promote sanctions. Many observers, however, doubt that Trump can afford to ignite economic confrontation in full with China and India at the same time.
(Tagstotranslate) trump tariffs to china
