A: Hey there! 🤙 What's up? Did you catch the news yesterday?
B: Nope, haven't had a chance yet. What's happening?
A: Well, our buddy Scott Bessent from the US Treasury said something interesting at this online meeting with G7 guys on Friday. 💼
B: Oh, really? What did he say? 🤔
A: He asked them to raise tariffs on countries buying oil from Russia, like China and India. It's part of putting enough pressure on Russia to stop the violence in Ukraine. 🛢️
B: Wow, that sounds serious! Is Trump's administration behind this too?
A: You bet! They raised their tariffs on imports from India by a whooping 50% last month for buying oil from Russia.
A: And here's the interesting part: Bessent is meeting with China's Vice Premier He Lifeng this week in Spain. They're gonna talk about trade, money laundering, and more! 🗺️
B: Whoa, that's a lot going on! I'll have to keep an eye on the news. Thanks for filling me in! 👍
B: Nope, haven't had a chance yet. What's happening?
A: Well, our buddy Scott Bessent from the US Treasury said something interesting at this online meeting with G7 guys on Friday. 💼
B: Oh, really? What did he say? 🤔
A: He asked them to raise tariffs on countries buying oil from Russia, like China and India. It's part of putting enough pressure on Russia to stop the violence in Ukraine. 🛢️
B: Wow, that sounds serious! Is Trump's administration behind this too?
A: You bet! They raised their tariffs on imports from India by a whooping 50% last month for buying oil from Russia.
A: And here's the interesting part: Bessent is meeting with China's Vice Premier He Lifeng this week in Spain. They're gonna talk about trade, money laundering, and more! 🗺️
B: Whoa, that's a lot going on! I'll have to keep an eye on the news. Thanks for filling me in! 👍
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Summary
Discussion about Scott Bessent from US Treasury proposing G7 countries to impose tariffs on oil imports from Russia, including China and India, as a means to pressure Russia over Ukraine violence. Bessent is scheduled to meet with China's Vice Premier He Lifeng in Spain to discuss trade, money