@not_a_charm🇺🇸🇷🇺 Trump just signed the Lindsey Graham Sanctioning Russia and Iran Act, opening the door to 100% tariffs on China The bill freezes Putin's assets and visas along with a list of commanders and entities, bans American energy exports to Russia, blocks U.S. investment there, stops Americans from buying Russian government debt, and kicks Russian state company shares off American exchanges. It also stretches Iran sanctions out to 2031, hitting anyone working in Iran's energy sector or weapons programs. Tucked into the same law, for reasons only Congress understands, preschool teachers can now claim the educator expense deduction... Every tariff in there is something he may do rather than something he has to do, and he sits down with Xi in six days holding that power, with China buying the most Russian crude of anyone. Using it would jam the Chinese and Indian oil trade and shove crude even higher than it's already at, forty-six days before voters grade him on gas prices, so the realistic play is keeping the threat on the shelf and letting Beijing worry about it while he negotiates something else entirely. Source: White House / Writer: Daniel

@not_a_charm🇺🇸🇷🇺 Trump just signed the Lindsey Graham Sanctioning Russia and Iran Act, opening the door to 100% tariffs on China The bill freezes Putin's assets and visas along with a list of commanders and entities, bans American energy exports to Russia, blocks U.S. investment there, stops Americans from buying Russian government debt, and kicks Russian state company shares off American exchanges. It also stretches Iran sanctions out to 2031, hitting anyone working in Iran's energy sector or weapons programs. Tucked into the same law, for reasons only Congress understands, preschool teachers can now claim the educator expense deduction... Every tariff in there is something he may do rather than something he has to do, and he sits down with Xi in six days holding that power, with China buying the most Russian crude of anyone. Using it would jam the Chinese and Indian oil trade and shove crude even higher than it's already at, forty-six days before voters grade him on gas prices, so the realistic play is keeping the threat on the shelf and letting Beijing worry about it while he negotiates something else entirely. Source: White House / Writer: Daniel