Trump's Trade Tidbits: Oil Deals with China

Former President Donald Trump announced that China is allowed to continue its oil purchases from Iran. However, he expressed hope that China will also buy substantial oil quantities from the United States, as he shared in a post on Truth Social.


Devdiscourse News Desk | Updated: 24-06-2025 18:53 IST | Created: 24-06-2025 18:53 IST
Trump's Trade Tidbits: Oil Deals with China
Donald Trump

In a statement on Tuesday, former President Donald Trump highlighted that China can legitimately continue to purchase oil from Iran. However, he emphasized the potential for China to import a significant amount of oil from the United States.

Trump shared these remarks on his platform, Truth Social, where he reiterated the possibility of enhancing oil trade relations with China. The former president appeared hopeful that the oil exports from the U.S. would see a notable increase.

His comments come amid ongoing discussions regarding international trade and energy supplies, shedding light on the strategic economic ambitions involving the U.S., China, and Iran.

(With inputs from agencies.)

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