Is Trump Redirecting Global Crude Demand Toward American Exports Through Hormuz Blockade After 50% Tariff Threat on China?

U.S. President Donald Trump on Sunday escalated tensions with Beijing by threatening to impose a sweeping 50% tariff on Chinese goods if Washington confirms reports that China is preparing to supply air defense weapons to Iran. The threat, which follows the U.S. Navy’s move to mount a blockade at the Strait of Hormuz, has added

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