In a new dispute between both powers, the Foreign Ministry warned that these pressures threaten the stability of global supply chains and reiterated that the only exit to the conflict in Ukraine is dialogue.
The Chinese government expressed a strong rejection of the most recent claims of Washington aimed at its partners to impose tariffs on their products and sanctions those who continue to buy Russian oil. “It is a typical act of unilateral intimidation and economic coercion,” said Beijin, raising the tone against what he considers a hostile policy.
The spokesman of the Ministry of Foreign Affairs, Lin Jianhe stressed that this new maneuver in the United States “seriously undermines international trade standards and threatens the safety and stability of world industrial chains and supply. ”
Lin remarked that China reserves its right to respond as it considers appropriate, in order to preserve the commercial interests of the Asian giant. These statements occurred within the framework of the press conference held on Monday.
The spokesman directly referred to the statements of the Secretary of the US Treasury, Scott Besent, who had recently urged NATO countries and G7 to take action against those who maintain commercial relations with Russia in the energy field – including China itself – considering that this would be the only way to end war in Ukraine.
Faced with these pressures, Lin insisted that coercive measures and economic pressures are not the way to end the conflict, reiterating that the appropriate way is dialogue and negotiation. These demonstrations also take place at a time when officials of Washington and Beijing hold commercial meetings, which adds an additional diplomatic component to the tension between both powers.
Russia Petroleum sending to Europe
Photo: Reuters
USA tries to press G7 to hit Vladimir Putin
The United States plans to urge its allies of the group of seven (G7) to impose tariffs that could reach up to 100% about China and India due to their purchases of Russian oil. The objective is to put pressure on President Vladimir Putin and force him to end the war in Ukraine.
Washington will also ask G7 countries to establish a legal mechanism that allows the seizure of Russian sovereign assets currently immobilized. The plan contemplates confiscating or using the main funds to finance the defense of Ukraine. It should be remembered that most frozen Russian assets – for an amount close to US $ 300,000 million – are in Europe.
The United States proposal includes secondary tariffs between 50% and 100% to China and India, together with restrictive commercial measures that would affect both imports and exports, exports, with the aim of curbing the flow of Russian energy and avoiding the transfer of double -use technologies to Moscow. However, this plan faces a significant challenge, since several countries of the European Union – including Hungary – have blocked in the past more severe sanctions against the Russian energy sector. Any measure in this sense would require the unanimous support of the Member States.
Speaking to Fox & Friends on Friday, Trump warned that his patience with Putin “is rapidly exhausted” and added that he could hit Russia “very strong” through oil -related sanctions.
Source: Ambito
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