Will the U.S. Target China? The Real Reason Behind No Tariffs!

Transcript

00:00Why do 0% of U.S. tariffs target China's Russian oil imports right now?

00:05Treasury officials say it all depends on Europe.

00:07Treasury Chief Besant just announced the U.S. won't slap tariffs on China for buying Russian oil,

00:12unless Europe does it first.

00:14That means the U.S. isn't making any solo moves here.

00:17Washington's watching to see if Europe sets the pace, keeping pressure on but not going it alone.

00:22So for now, no new tariffs on China but stay tuned, this story's moving fast.

00:30We'll see you next time.