
U.S. Won’t Hit China With Tariffs Over Russian Oil Unless Europe Goes First, Says Treasury Chief Bessent
In a significant and strategic announcement on September 15, 2025, U.S. Treasury Secretary Scott Bessent stated that the United States will not impose tariffs on China over its continued purchase of Russian oil—unless European countries take the lead by implementing similar measures. This position reflects a carefully calculated approach by the U.S., focusing on multilateral…