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Scott Bessent, China and Russia

Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.

CBS News on MSN · 10h

Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

Bloomberg L.P. · 10h

Treasury Pick Bessent Takes Aim at China, Tax Cuts in Hearing

Good morning. US Treasury pick Scott Bessent targeted China and tax cuts in his confirmation hearing. Rio Tinto and Glencore are said to be in talks on a combination. And Nintendo will unveil its next-generation Switch in April.

Cost to Ship Russian ESPO Oil to China Triples

Hosted on MSN · 18h

China response key to crude oil after new sanctions on Russia: Russell

By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.

Bloomberg L.P. · 20h

Cost to Ship Russian ESPO Oil to China Triples After Sanctions

The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher, according to traders.

Daily Wrap on MSN · 12h

Sanctions triple Russian oil transport costs via shadow fleet

The cost of transporting Russian oil via the "shadow fleet" has tripled following implementing the latest American sanctions package, Bloomberg reported on Thursday, emphasising that, according to experts,

U.S. Hits Sudan's Leader With Sanctions

UPI News on MSN · 35m

U.S. sanctions Sudanese Armed Forces head

The United States has sanctioned the leader of the Sudanese Armed Forces, accusing Gen. Abdel Fattah al-Burhan of destabilizing the war-torn Northeast African nation and undermining peace efforts.

The Washington Post · 11h

New US sanctions target Sudan's warring military leader

The U.S. has imposed sanctions on the leader of Sudan’s military in a devastating war that is spreading famine in that country

U.S. News & World Report · 19h

Exclusive-U.S. to Impose Sanctions on Sudanese Leader Burhan

The reason for the move was the Sudanese Armed Forces' (SAF) targeting of civilians and civilian infrastructure and denial of aid access, as well as refusal to participate in peac

Russia, sanctions

UPI News on MSN · 1d

U.S. issues sanctions to combat Russian sanctions-evasion scheme

The Treasury Department on Wednesday announced sanctions connected with Russian secret payment channels created to skirt U.S. restrictions and a Kyrgyzstan financial institution that supports the Krem

Reuters on MSN · 1d

U.S. issues fresh round of sanctions against Russia

The United States on Wednesday took fresh action targeting Russia over its invasion of Ukraine, taking aim at efforts to circumvent U.S. sanctions as Washington continues to increase pressure on Moscow in the final days of the Biden administration.

Kyiv Independent on MSN · 1d

US targets China-Russia sanctions evasion scheme with new measures

The U.S. Treasury Department has targeted actors involved in a sanctions evasion scheme facilitating cross-border payments for sensitive goods between China and Russia as part of a new package of sanctions,

26m

Analysis-China's vast refining sector faces shakeout as fuel demand peaks

Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

Bessent criticises China's economic practices, proposes sanctions on Iran

During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a ...

China says it will send its vice president to Trump’s inauguration

The reported attendance of Vice President Han Zheng will mark the first time a senior Chinese leader has attended a new U.S.

3don MSN

Putin Shadow Fleet's Sanctions-Hit Tankers 'Stranded' off China Coast

The vessels Mermar, Huihai Pacific and Olia carrying more than 2 million barrels of oil left Russian ports earlier in January ...

1hon MSN

India is staring at an ‘oil shock' as U.S. sanctions on Russian crude loom

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s oil industry.

The Associated Press - Business News on MSN10d

China protests US sanctions for its alleged role in hacking, complains of foreign hacker attacks

Asked about the sanctions against Beijing-based Integrity Technology Group, Chinese Foreign Ministry spokesperson Guo ...

15h

China Pounces on Russia's Fire Sale of Prized Assets

In December, Russia reportedly sold its stakes in certain Kazakh uranium deposits to Chinese-owned companies. This involved Kazakhstan's nuclear resources company, Kazatomprom, and Russia's Rosatom ...

1don MSN

US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia

The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...

20hon MSN

China Begins Probe Into US Chip Grants, Alleged Dumping

China will start an investigation into the potentially illegal dumping of mature or legacy chips by US firms, one of ...

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Scott Bessent, China and Russia

Cost to Ship Russian ESPO Oil to China Triples

U.S. Hits Sudan's Leader With Sanctions

Russia, sanctions

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