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News in English (USA) / 04.08.2025 / 08:00

China Defies US Pressure on Russian and Iranian Oil Imports Amid Tariff Threats

China has firmly rejected US demands to cease purchasing oil from Russia and Iran, despite warnings of potential tariffs that could reach up to 500%. Chinese officials emphasized that coercive measures and protectionism will not yield positive outcomes and may harm international trade relations. As US-China talks face significant roadblocks over energy issues, China has reiterated its energy sovereignty and commitment to maintain its oil imports, dismissing US sanctions as ineffective. The escalating tension reflects broader trade disputes, with both nations exchanging criticisms and threats over tariff policies.
AP News, Times of India, Reuters, Fox Business, Binance, South China Morning Post, News18, KATU, India TV News, Українські Національні Новини