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Trump's Reverse Nixon Strategy: Bring Russia In, Shut China Out

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In simple terms

On October 9, hours after a phone call between President Trump and President Putin, the Treasury Department issued a six-month waiver allowing Russian diesel to be sold on the global market. The stated aim is to bring down fuel prices before the November 3 midterms.

Earlier coverage

Earlier coverage on GreyNews

  1. Dry Bulk Market: China’s Iron Ore Imports on The RiseOct 23, 2026 · Hellenic Shipping News
  2. DeepSeek, MiniMax secure open-source licences days after new China export rules: state mediaOct 23, 2026 · South China Morning Post
  3. European Union awards top rights prize to International Criminal Court days after Trump sanctions - AP NewsOct 22, 2026 · Associated Press
  4. China’s Iron Ore Sway May Leave Japan a Price Taker: WoodmacOct 22, 2026 · Bloomberg
  5. Trump bashes Zelensky, defends waiving Russia sanctionsOct 18, 2026 · Arab News

What we don't know yet

3 claims still need verification.

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How solid is this

1 source3 claims foundnot checked yet