Comments from an interview with Reuters
- European countries 'need to do their share'
- US willing to consider stronger sanctions on Russia
- China-US talks could result in another 90-rollover of tariff truce
- Chinese negotiators realize they have 3.5 years to de-risk US trade relationship to avoid a decoupling
- China initially demanded 'compensation' for TikTok sale through tariff, export control concessions
I just don't see the momentum to get further Russian oil sanctions. WTI crude is up 70-cents to $63.39 today but is languishing near the lows of the range.