US oil supplies to China will soon reach zero because of the trading war with the United States, Bloomberg reports.
The article states that the volume of oil imports from the United States has increased in recent years, but has begun to decline in 2025 due to the policy of White House President Donald Trump.
At the same time, American oil is about one percent of China's total imports, publishing, citing Vortexa Ltd.
"Import of raw materials from China is likely to arrive in the coming months, if the current level of customs duties is maintained," said Vortexa analyst Ivan Matsez.
In the evening of April 2, the American leader announced the definition of mutual customs duties imported from other countries. The main minimum rate is ten percent, but for each country, the tariff will be formed so that it will be half of the American imports of importing companies.
