Why is China Opposing US Tariffs on Russian Oil Purchases?
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Synopsis
In a bold stance, China has rejected the US demand for G7 and NATO countries to impose hefty tariffs on its Russian oil purchases. This move raises critical questions about global trade dynamics and the implications of economic sanctions. The tensions between the US and China may reshape international relations and economic strategies in the coming months.
Key Takeaways
- China firmly opposes US tariffs on Russian oil purchases.
- The US's unilateral actions could disrupt global trade.
- China is prepared to defend its economic interests.
- Dialogue and cooperation are essential for stability.
- Implications of tariffs extend beyond China and the US.
Beijing, Sep 15 (NationPress) China has expressed robust opposition to a demand from the United States that the Group of Seven (G7) and North Atlantic Treaty Organisation (NATO) nations impose tariffs ranging from 50 to 100 percent on China due to its acquisition of Russian oil, according to a spokesperson from the Ministry of Commerce.
In reply to a media inquiry, the spokesperson stated that China has consistently rejected trade and economic sanctions against it under the guise of so-called 'Russia-related' matters.
The spokesperson characterized the US's efforts to pressure other nations into applying 'secondary tariffs' on China for purchasing Russian oil as a classic example of unilateral intimidation and economic coercion, as reported by the Xinhua news agency.
This action significantly undermines the consensus established during a phone discussion between the two nations' leaders and could seriously disrupt global trade as well as the stability of industrial and supply chains, the spokesperson noted.
China vehemently opposes this initiative and will take all necessary actions to protect its legitimate rights and interests if any party jeopardizes China's well-being, the spokesperson added.
Additionally, the spokesperson expressed a desire for the United States to proceed with caution, collaborate with China, and resolve trade disputes through equitable dialogue and consultation.
The spokesperson also called on relevant parties to uphold core principles and collaborate with China to maintain the international trade framework and the stability of global industrial and supply chains.
Recently, the US urged its G7 allies to adopt stricter measures against Russia, pushing for tariffs on nations that continue purchasing Russian oil.
In a joint statement with G7 finance ministers, US Ambassador Jamieson Greer and Treasury Secretary Scott Bessent reiterated President Trump’s call for allies to enhance efforts to curb Moscow’s energy income, which Washington claims is fueling the war in Ukraine.
The officials indicated that the US has already implemented punitive tariffs on countries that persist in importing Russian oil, labeling this policy as a vital component of Trump’s strategy to compel Moscow to negotiate. They urged other G7 members, including Canada, France, Germany, Italy, Japan, and the United Kingdom, to follow suit.
Point of View
It's crucial to observe the growing tensions between the US and China regarding economic policies and trade practices. While the US aims to impose sanctions to curb Russia's influence, this strategy raises questions about unilateral actions and their potential fallout in international relations. A balanced approach that encourages dialogue and cooperation is essential for maintaining global trade stability.
NationPress
15/09/2025
Frequently Asked Questions
What are the implications of US tariffs on China?
US tariffs on China could disrupt global trade, strain international relations, and provoke retaliatory measures from China, impacting various industries worldwide.
Why is China opposing the US demand?
China opposes the US demand for tariffs as it views it as an act of unilateral bullying and economic coercion, undermining global trade stability.
How could these tariffs affect global supply chains?
Imposing tariffs could lead to increased costs for businesses, disruption in supply chains, and potential shortages in various markets, affecting consumers globally.
What is the stance of other G7 countries?
Other G7 countries are being urged by the US to follow suit in imposing tariffs, but their responses may vary based on individual national interests and economic ties.
What steps is China planning to take?
China has stated it will take necessary measures to protect its legitimate rights and interests if any party threatens its economic wellbeing.
