President Donald Trump received a direct warning from Chinese President Xi Jinping on Thursday, stating that the United States and China could face military clashes if the status of Taiwan is mismanaged.
This war has forced the White House to seek diplomatic help from Beijing, which remains the largest purchaser of Iranian oil.
This move, which some legal experts argue is an illegal use of "fallback" tariffs, has faced multiple court challenges.
By trying to "make gas prices the Achilles' heel" of his predecessors, as noted by a White House adviser in The Detroit News , the administration has inadvertently made itself hostage to global supply chain disruptions.
This anxiety is mirrored in the public, with a Reuters/Ipsos poll showing Trump’s economic approval rating has plummeted to 30%.
China’s Xi warns Trump of Taiwan clashes as the U.S. faces 3.8% inflation and $4.50 gas prices driven by the ongoing war with Iran.