High tariffs on China-made products drove U.S. imports from the world’s second-largest economy to a 16-year low in June — yet the dramatic shift hasn’t put a big dent in America’s overall trade deficit.

Trump hints at possible additional tariffs on China, similar to those imposed on India, over continued imports of Russian oil.

A bill vowing levies of up to 500% on countries that buy Russian oil is making its way through Congress. Meanwhile, the European Union’s 18th package of sanctions will ban refined products made from Russian crude in January.