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Trump Urges NATO to Cut Russian Oil Imports, Pushes for Tariffs on China to End Ukraine War

President Donald Trump has called on NATO allies to immediately stop purchasing Russian oil, warning that continued imports undermine the alliance’s leverage over Moscow. In a post on his social media platform, Trump described the practice as “shocking” and claimed it weakens NATO’s bargaining power in efforts to end the war in Ukraine. Trump proposed that all NATO members not only ban Russian oil but also impose tariffs of 50% to 100% on Chinese goods, arguing that Beijing’s economic ties with Moscow give it significant influence over Russia’s actions. He suggested these measures remain in place until Russia halts its military operations in Ukraine. The appeal comes amid heightened tensions, following recent Russian drone incursions into NATO member Poland, and as U.S. lawmakers push for tougher sanctions. While some European nations, including Turkey, Hungary, and Slovakia, continue to import Russian oil, Trump insists a united economic front could bring the conflict to a swift cl...
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China’s Economic Recovery in 2024: Challenges and Opportunities



China’s economy is expected to face a “slow and bumpy” recovery in 2024, according to a report by Bloomberg News. The report suggests that China is likely to hit its growth goal of about 5% for 2023, but deflation risks, the housing crisis, and a lingering confidence crunch could derail efforts to build momentum in 2024.

The Chinese government has been implementing targeted stimulus measures to boost the economy, but the recovery is expected to be slow and bumpy as these measures trickle through to investment sectors and the property recovery proceeds at a snail-like pace.


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