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.
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China's Ministry of Commerce announced Monday it will extend anti-dumping duties on specific stainless steel imports from the European Union, United Kingdom, South Korea, and Indonesia for an additional five years starting Tuesday, 1 July.
A U.S. federal judge on Tuesday rejected Huawei Technologies Co Ltd's request to dismiss the majority of charges in a sweeping indictment, allowing the Chinese telecoms giant to face trial over allegations of trade secret theft, bank fraud, and sanctions violations.
The U.S. Justice Department announced charges against two Chinese citizens accused of spying inside the U.S. on behalf of Beijing.
The U.S. Department of Justice and FBI on Monday announced an arrest and indictments related to North Korea’s 'IT worker' program, through which North Koreans secured remote tech jobs at more than a 100 U.S. companies to steal money and data globally.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The Asian Infrastructure Investment Bank (AIIB) and the Arab Fund have signed a memorandum of understanding to formalize a strategic partnership focused on advancing sustainable infrastructure in shared priority regions.
Tesla’s new car registrations plunged sharply in June, dropping 64.4% in Sweden and 61.6% in Denmark compared to last year, highlighting growing challenges for the U.S. electric vehicle maker in these Nordic markets.
More than $2.5 billion in new deals and commitments between the United States and African partners were announced at the 17th summit, underscoring the U.S. commitment to prioritizing trade over aid by engaging Africans as equal partners in investment-driven growth, the State Department announced.
Gold prices edged higher on Monday after slipping to their lowest level in more than a month, supported by a weakening U.S. dollar and easing geopolitical tensions that have tempered safe-haven demand.
The French Riviera town of Cannes will restrict large cruise ships from docking starting from January 2026, as part of new efforts to manage over tourism and protect local infrastructure.
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