China has strongly criticized U.S. President Donald Trump's recent executive order, which threatens to impose a 25% tariff on all goods imported to the U.S. from any country that imports oil from Venezuela.
Beijing labeled the sanctions "illegal" and accused the U.S. of grossly interfering in other nations' internal affairs.
Foreign Ministry spokesman Guo Jiakun condemned the U.S. move, emphasizing China’s opposition to the long-standing use of "illegal unilateral sanctions" and "long-arm jurisdiction." He called on the U.S. to end its interference in Venezuela's domestic affairs, urging Washington to revoke its sanctions and take actions that would foster peace, stability, and development in Venezuela and beyond.
The new tariffs, which are set to take effect on April 2, will apply to all goods imported into the U.S. from any country that buys oil or gas from Venezuela, whether directly or indirectly through third parties. Guo warned that such tariffs would harm U.S. businesses and consumers, saying, “There is no winner in a trade or tariff war, and additional tariffs will only inflict greater losses.”
This latest move by the Trump administration is part of a broader strategy to increase pressure on Venezuela, whose oil exports have been a focal point of U.S. sanctions. China, a significant importer of Venezuelan oil, has previously voiced opposition to U.S. sanctions on Venezuela, calling for dialogue and diplomacy to address the country's challenges.
Read next
18:00
China
China’s Ambassador to Spain, Yao Jing, stated that China is eager to be seen as a partner rather than a rival to the European Union, emphasizing the need for collaboration amidst shifting global dynamics and U.S. trade policies, which he described as "unilateral economic abuse."
15:16
critical mineral
U.S. President Donald Trump has signed an executive order directing the Secretary of Commerce to launch an investigation into the country’s heavy reliance on imported critical minerals.
12:41
China-Malaysia relations
President Xi Jinping and Prime Minister Anwar Ibrahim met to strengthen China-Malaysia ties during Xi’s Southeast Asia tour.
09:30
China - Russia
Nvidia has announced it expects a $5.5 billion financial impact after new US government export restrictions barred it from selling its advanced H20 AI chips to China without a license.
23:00
Chinese investment
UK Business Secretary Jonathan Reynolds has suggested that the government may consider Chinese investment in British Steel, but he emphasized that any such bids would be subject to thorough scrutiny, particularly due to national security and economic concerns.
What is your opinion on this topic?
Leave the first comment