Trump warns China of 50% tariffs for aiding Iran. Then offers cheaper oil deal

US President Donald Trump has opened a new front in the Iran crisis — targeting China. The US President said Beijing could face staggering 50 per cent tariffs if it is found supplying weapons to Iran, even as he simultaneously pitched an offer: buy cheaper oil from the United States instead. The remarks, delivered during a Fox News interview, come at a moment when tensions are already running high after failed US-Iran talks and Washington’s decision to move towards a blockade of the Strait of Hormuz. Responding to reports that China may be preparing to supply military equipment to Iran,…