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Donald Trump Says Xi 'Likes the Idea' of Buying US Oil

Donald Trump Says Xi 'Likes the Idea' of Buying US Oil

Summary

President Donald Trump said Chinese President Xi Jinping is interested in buying oil from the United States. Trump mentioned this during an interview, noting that China is already sending ships to purchase U.S. oil. He also discussed China’s position on Iran and the Strait of Hormuz.

Key Facts

  • President Trump told Fox News that President Xi likes the idea of buying oil from U.S. states like Texas, Louisiana, and Alaska.
  • China is reportedly sending ships to buy American oil at this time.
  • Trump believes oil sales from the U.S. to China will happen soon.
  • The interview took place amid rising oil prices in the U.S. due to conflicts in the Middle East.
  • Trump discussed China’s support of Iran, noting Xi said China will not send military equipment to Iran.
  • China is interested in keeping the Strait of Hormuz open because it buys a lot of oil through that route.
  • U.S. officials are still negotiating with Iran and working on keeping the Strait of Hormuz accessible for shipping.
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