US EditionBessent warns China on Russian oil purchases that could bring 100% tariffs
CHINA, JUL 30 – U.S. officials warned China that buying sanctioned Russian oil risks tariffs up to 100% to cut Russia's energy revenue amid the Ukraine war, with China as the largest buyer.
- During two days of US-China trade talks in Stockholm on July 28, 2025, U.S. Treasury Secretary Scott Bessent warned Beijing could face a 100% tariff if it continues buying Russian oil.
- US Congress authorized tariffs up to 500%, as ghost ships deliver sanctioned Russian oil to China, which could face such penalties, Bessent warned.
- In Stockholm, Bessent said `The Chinese take their sovereignty very seriously. We don't want to impede on their sovereignty, so they'd like to pay a 100% tariff`, warning China could face U.S. trade penalties for buying Russian oil, despite their claims of sovereignty.
- Chinese officials asserted that oil purchases reflect sovereignty and domestic needs, and Bessent warned Vice Premier He Lifeng that these exports could undermine China’s trade ties in Europe.
- Ahead of the Aug. 7 deadline, U.S. President Donald Trump warned that if China continues buying Russian oil, exports to the U.S. could face a further 100% tariff.
29 Articles
29 Articles
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Treasury Secretary Bessent Warns China of Fresh Tariffs Over Russian Oil Purchases
Treasury Secretary Scott Bessent said on July 29 that he has warned the Chinese regime that it could face sweeping U.S. trade penalties if it continues to purchase oil from Russia amid its ongoing invasion of neighboring Ukraine. Bessent made the comments during a news conference in Stockholm following two days of U.S.–China trade talks in the Swedish capital alongside Chinese Vice Premier He Lifeng. He said Chinese officials responded to the wa…
Bessent warns China on Russian oil purchases that could bring 100% tariffs
U.S. Treasury Secretary Scott Bessent on Tuesday said he warned Chinese officials that continued purchases of sanctioned Russian oil would lead to big tariffs due to legislation in Congress, but was told that Beijing would protect its energy sovereignty.
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