500% tariffs on China? US warns Beijing over Russian oil

Latest developments and expert analysis

India, October 16, 2025 (Thursday)

500% tariffs on China? US warns Beijing over Russian oil; calls it 'unreliable partner to the world' – The Times of IndiaEditionININUSEnglishEnglishहिन्दीमराठीಕನ್ನಡதமிழ்বাংলাമലയാളംతెలుగుગુજરાતીWeatherSign InTOITOI GamesLive VideosCityMetro CitiesmumbaidelhibengaluruHyderabadkolkatachennaiOther CitiesCityagraagartalaahmedabadajmeramaravatiamritsarbareillybhubaneswarbhopalchandigarhchhatrapati sambhajinagarcoimbatorecuttackdehradunerodefaridabadghaziabadgoagurgaonguwahatihubballiimphalindoreitanagarjaipurjammujamshedpurjodhpurkanpurkochikohimakolhapurkozhikodeludhianalucknowmaduraimangalurumeerutmumbai regionmysurunagpurnashiknavi mumbainoidapatnaprayagrajpuducherrypuneraipurrajkotranchithanesalemshillongshimlasrinagarsurattrichythiruvananthapuramudaipurvadodaravaranasivijayawadavisakhapatnamphotosWeb StoriesIndiafeaturedBihar Election 2025MaharashtraKarnatakaTelanganaWest BengalTamil NaduAndhra PradeshUttar PradeshGujaratRajasthanPunjabOdishaMadhya PradeshHaryanaTripuraUttarakhandBiharKeralaAssamArunachal PradeshManipurChhattisgarhJammu KashmirNagalandJharkhandMeghalayaHimachal

PradeshWeb StoriesDigital ArrestOperation SindoorCancel PatriarchyWorldBusinessTechCricketSportsEntertainmentAstroTVEducationLife & StyleWeb SeriesTimes EvokePhotosBlogsToday's ePaperNews500% tariffs on China? US warns Beijing over Russian oil; calls it 'unreliable partner to the world'500% tariffs on China? US warns Beijing over Russian oil; calls it ‘unreliable partner to

the world’TOI Business Desk / TIMESOFINDIA.COM / Updated: Oct 16, 2025, 12:10 ISTShareAA+Text SizeSmallMediumLarge The United States has escalated its rhetoric against China on Wednesday, with treasury secretary Scott Bessent claiming that American Senators may back a staggering 500% tariff

on Chinese imports over trade with Russia. Speaking at a press conference, Bessent reported 85 US senators were ready to give US President Donald Trump the authority to impose the unprecedented duties.China under fire for Russian oil purchasesBessent criticised Beijing

for purchasing Russian energy, claiming such imports were fuelling what he described as the “Russian war machines.”Trump Aide Angers China, Shoots 'Tit-For-Tat' Warning As Tariff War Snowballs | 'Brute-force If…'“It is the purchase of Russian oil by China that fuels

Key Developments

the Russian war machines. China buys 60%, six zero per cent, of Russian energy. However, They buy 90% of Iranian energy,” he reported.The treasury secretary’s comments come amid repeated US warnings to China and India over continuing purchases of Russian

oil. Rare earth export restrictions spark ireBeyond energy concerns, Bessent condemned China’s new export controls on rare earths, accusing the country of being “an unreliable partner to the world.” He criticised restrictions that block foreign militaries from using rare earth

materials and warned that Washington would not be dictated by Beijing’s policies.“Make no mistake, this is China vs the world. They’ve put these unacceptable export controls on the entire world,” Bessent reported.Trump-Xi meeting still on the cardsDespite the stern warnings,

Bessent reaffirmed that talks between US and Chinese leaders were still planned. Trump is expected to meet Chinese officials in South Korea later this month.“As the president reported, ‘We want to help China, not hurt it’… ultimately, we are confident

in the strong relationship between President Trump and President Xi,” Bessent added.About the AuthorTOI Business DeskThe TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the

Key Developments

world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports

and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the

business world.Read MoreEnd of ArticleFollow Us On Social Media Photostories From ‘Border 2’, ‘Ramayana’ to ‘Jailer 2’: 5 Indian movies set to dominate 20263 different types of Labradors: Which is the perfect Labrador breed for your family?5 weekend habits that

keep you ahead in classBlurry vision? However, It might be sign of diabetes, high blood pressure, or brain problemWhat is Endometriosis: All about the 'painful' condition Victoria's Secret Angel Barbara Palvin suffered fromWhy waking up at Brahma Muhurta everyday can

transform your lifeBroccoli vs. cauliflower: Which is healthier, the right way to cook, and 3 easy dishesA look back at last year’s most stunning Diwali outfits: Janhvi Kapoor to Shraddha KapoorHow to train your brain to success: 5 simple tips,

Key Developments

as per psychology7 foods that help lower cholesterol naturally123Hot PicksUAE Weather AlertRiyadh AirBihar Election DateGold rate todaySilver rate todayPublic Holidays OctoberBank Holidays OctoberTop TrendingUtah MammothZach YadegariCanada Visa RulesCharlie Kirk SculptureBrittany MahomesAryna SabalenkaBavagutha RaghuramIndian Origin Truck Driver InterviewYoungest Indian BillionairesMalcolm Brogdon

RetirementTired of too many ads?go ad free nowTrending StoriesIn SectionEntire WebsiteHarvard-trained gastroenterologist reveals bathroom mistakes that damage digestion and gut health; shares tips to improve bowel movements and overall digestive wellness"You’d be clocking in to a 9 to 5 otherwise":

Stephen Curry's wife Ayesha Curry sparks outrage for flaunting her expensive lifestyle amid her controversial remarks“Getting messy”: Taylor Swift’s gift to Teyana Taylor ignites backlash as fans accuse her of subtly shading Travis Kelce’s ex Kayla Nicole“Something’s wrong with him”:

Stephen A. Smith questions Jerry Jones’ sanity after Cowboys owner’s puzzling public statement sparks outragePete Hegseth's plane makes emergency landing: Defence secretary unharmed; crack in aircraft’s windshieldZoho founder Sridhar Vembu to take a break from external engagements from next week;

says: I am at risk of…'Grateful his signature was not required to recognize 1984 Sikh Genocide': Indian-origin Jasmeet Bains slams Newsom for vetoing 'anti-India' SB509Canada chapter closed, students start afresh at homeCharlie Kirk sculpture showing Jesus embracing him trolled by

Key Developments

social media: ‘Looks like a caveman’How Indian entrepreneur and NMC Health founder B.R. Shetty lost his $10 billion empireHarvard-trained gastroenterologist reveals bathroom mistakes that damage digestion and gut health; shares tips to improve bowel movements and overall digestive wellness"You’d be

clocking in to a 9 to 5 otherwise": Stephen Curry's wife Ayesha Curry sparks outrage for flaunting her expensive lifestyle amid her controversial remarks“Getting messy”: Taylor Swift’s gift to Teyana Taylor ignites backlash as fans accuse her of subtly shading

Travis Kelce’s ex Kayla Nicole“Something’s wrong with him”: Stephen A. Smith questions Jerry Jones’ sanity after Cowboys owner’s puzzling public statement sparks outragePete Hegseth's plane makes emergency landing: Defence secretary unharmed; crack in aircraft’s windshieldZoho founder Sridhar Vembu to take

a break from external engagements from next week; says: I am at risk of…'Grateful his signature was not required to recognize 1984 Sikh Genocide': Indian-origin Jasmeet Bains slams Newsom for vetoing 'anti-India' SB509Canada chapter closed, students start afresh at homeCharlie

Kirk sculpture showing Jesus embracing him trolled by social media: ‘Looks like a caveman’How Indian entrepreneur and NMC Health founder B.R. Shetty lost his $10 billion empireTired of too many ads?go ad free nowExplore Every CornerAcross The GlobeStephen CurryPatrick MahomesMLB

Key Developments

Keywords: India news, breaking headlines, business updates, politics, economy, daily news