Despite China being the top global buyer of Russian oil, the Trump administration has avoided harsh punitive measures against Beijing, with Trump even praising a 'great relationship' and extending tariff deadlines.

Donald Trump said that the US is going to share a "great relationship" with China, adding that it had some cards that if played, would "destroy China".

The president deserves a Nobel prize in economics,” Trump aide Peter Navarro claimed, “for proving that the US can bend global commerce to its will.”But instead of bending the world into alignment, Trump’s trade war is pushing it away.