China Could See High Tariffs if it Continues to Buy Russian Oil, Says Bessent

(Reuters) – U.S. Treasury Secretary Scott Bessent said on Tuesday he had told Chinese officials that, given U.S. secondary tariff legislation on sanctioned Russian oil, China could face high tariffs if Beijing continued with its Russian oil purchases.

Bessent was speaking after two days of bilateral talks between the world’s two largest economies in Stockholm.

Reporting by David Lawder, writing by Gwladys Fouche, editing by Terje Solsvik

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