A major trade storm is brewing as the U.S. Senate signals full support for President Donald Trump’s plan to impose a massive 500% tariff on Chinese imports in response to Beijing’s continued energy trade with Russia. Treasury Secretary Scott Bessent confirmed the Senate’s backing during the IMF and World Bank Investment Forum, where U.S. officials drew direct links between China’s oil purchases and Moscow’s war funding. Trade Representative Jamieson Greer joined Bessent in addressing the press, emphasizing that Washington is prepared to escalate economic measures if China continues to bolster Russia’s wartime economy through energy transactions. WATCH