Sanctions on Russia Sink US-China Trade Deal?
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays
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Will new US sanctions on Russian oil giants derail a US-China trade deal? The US slapped sanctions on Lukoil and Rosneft for their role in the Ukraine conflict, accusing them of funding the Kremlin's war machine. With China backing Russia, US officials are furious, jeopardizing upcoming trade talks between Trump and Xi. Experts now put the odds of a trade deal at 50/50, and advise investors to seek safe-haven assets amidst rising global uncertainty.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
