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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Every June, roughly 13 million young people in China sit down at the same time to take the same test. They have been preparing for it, in many cases, since primary school. Their families have rearranged their lives around it.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 13 June, covering the latest developments you need to know.
China has expressed strong dissatisfaction over a United States decision to place several major Chinese companies on a Pentagon list of firms alleged to support the country’s military.
Authorities in Hong Kong have seized suspected counterfeit World Cup merchandise worth an estimated HK$156 million (US$19.91 million), including jerseys and footballs, in one of the city's largest recent crackdowns on fake sports goods.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Donald Tusk have criticised Britain, France and Germany for leaving them out of talks with Russia about a potential future peace deal for Ukraine.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
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Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
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