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“So if we see a lot of back and forth in terms of what the administration is signaling, it’s part of that strategy of actually trying to manage the markets.”

“These countries are under enormous pressure to buy from the sons of the president so he will do what they want,” said ex-Bush lawyer Richard Painter.

China put forward a five-point proposal with Pakistan, rallying support from the Gulf and opposing a UN proposal to use force in the Strait of Hormuz.