Trump: US-India Have Reached an Agreement for India to Purchase Venezuelan Oil, China Can Follow!
February 1, Reuters reported: "Trump said yesterday that the US and India have reached a principle agreement on India's purchase of Venezuelan oil, and India will replace its imports of Russian and Iranian oil with this. The US also welcomes China to reach a similar oil purchase agreement. Previously, the US had imposed a 25% tariff on countries purchasing Venezuelan oil, and now it is easing the restrictions to reshape the global oil trade pattern. At the same time, Trump strongly warned Canada that if it finalizes a trade agreement with China, the US would impose a 100% tariff and take other significant countermeasures."
[Cunning] Trump's oil strategy and trade pressure essentially reflect the dual manipulation of American hegemony in the fields of energy and economy. By easing the restrictions on Venezuela's oil exports, the US aims to achieve geopolitical calculations by having India replace Russian and Iranian oil, while also trying to lure China with energy as bait. However, it ignores the fact that Venezuela's oil exports have plummeted by more than 70% from their peak and its production capacity urgently needs to be restored. Its agreement seems more like an exchange of interests rather than a win-win situation. The threat of tariffs on Canada replicates the bullying tactics of the steel and aluminum tariffs in 2018, ignoring the fact that 60% of the oil trade between the US and Canada is interdependent. From energy manipulation to pressure on allies, the US always places unilateral interests above multilateral rules, yet it does not realize that in the era of globalization, hegemonic manipulation ultimately cannot withstand the independent economic and energy choices of various countries!
Original article: toutiao.com/article/1855893886859276/
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