China who stands firm against the United States demands that you stop buying oil from Russia and Iran

China who stands firm against the United States demands that you stop buying oil from Russia and Iran

/ News/ AP

Look at the “dark fleet” of Iran-China

China who stands firm against the United States demands that you stop buying oil from Russia and Iran

Look at the “dark fleet” that secretly transfers the Iranian oil to China 02:13

American and Chinese officials can solve many of their differences to come to a commercial agreement And they avoid punishment rates, but remain very separate in a subject: the United States demand that China stop buying oil from Iran and Russia.

“China will always guarantee its energy supply so that it serves our national interests,” the China Ministry of Foreign Affairs published on Wednesday after two days of commercial negotiations in Stockholm, responding to the threat of the United States of a 100%rate.

“Coercion and pressure will not achieve anything. China will firmly defend their interests for sovereignty, security and development,” the ministry said.

The answer is remarkable at a time when both Beijing and Washington are pointing out optimism and goodwill about reaching an agreement to maintain commercial ties between the two largest economies in the stable world, after getting out of very high tariffs and hard commercial restrictions. It underlines China’s confidence in playing hard when it comes to the Trump administration, especially when trade is linked to its energy and foreign policies.

The United States Treasury Secretary Scott Besent, emerging from conversations, told journalists that when it comes to Russian oil purchases, “Chinese take their sovereignty very seriously.”

“We do not want to prevent their sovereignty, so they would like to pay a 100%rate,” Bessent said.

On Thursday, he called “hard” Chinese negotiators, but said that China’s rejection has not stagnated negotiations. “I think we have the creation of an agreement,” Besent told CNBC.

Gabriel Wildou, managing director of the Consulting Teneo, said that President Trump’s doubt would really display the 100%tariff. “Upon realizing that these threats would derail all recent progress and probably kill any opportunity” so that Mr. Trump and Chinese President Xi Jinping announce a commercial agreement if this fall is fulfilled, Wildou said.

When trying to restrict oil sales from Russia and Iran, an important source of income for both countries, the United States wants to reduce the funds available for its military, as Moscow pursues His war against Ukraine and Tehran finances militant groups throughout the Middle East.

A News themezone investigation has revealed that China is still secretly buying Iranian oil and evading the sanctions of the United States using what is known as a “dark fleet” to transfer the oil from the ship to the ship in the middle of the sea.

When Trump announced a radical plan for rates in dozens of countries in April, China was the only country that took reprisals. He refused to yield to us the pressure.

“If the United States is determined to impose tariffs, China will fight until the end, and this is the official official position of China,” said your Xinquan, director of the WTO Studies Institute at the University of Business and International Economics of the University of Beijing. The WTO is the acronym for the World Trade Organization.

Leaving aside negotiation tactics, China can also suspect that the United States will not continue its threat, questioning the importance of Mr. Trump gives Russia, you said.

Scott Kennedy, senior advisor and president of Trusts in Business and Chinese Economics at the Center for Strategic and International Studies in Washington, said that Beijing is unlikely to change his position when he sees the inconsistencies in the United States foreign policy objects towards Russia and Iran, while Beijing’s political support to Moscow is consistent and clear. It is also possible that Beijing wants to use it as another negotiation tool to extract more concessions from Mr. Trump, said Kennedy.

Danny Russel, a distinguished member of the Institute of Policy of Asia Society, said that Beijing now looks at “the one who holds the letters in his fight with Washington.” He said that Trump has made it clear that he wants an “acceleration agreement” with XI, “so rejecting an American demand to stop buying oil from Iran or Russia probably does not look like a decisive factor, even if it generates friction and a delay.”

Continue buying Russia’s oil retains “XI’s” strategic solidarity “with Russian president Vladimir Putin and significantly reduces economic costs for China, Russel said.

“Beijing simply cannot afford to get away from Russia’s oil and Iran,” he said. “A strategic energy supply is too important, and Beijing is buying it at fire sauce prices.”

A 2024 report of the United States Energy Information Administration estimates that approximately 80% to 90% of the oil exported by Iran went to China. The Chinese economy benefits from the more than 1 million barrels of Iranian oil that matters per day.

After the Iranian Parliament floated a plan to close the hormuk narrow in June after US attacks on Iran’s nuclear facilities, China spoke against closing the critical oil traffic route.

China is also an important customer for Russia, but it is the second in India in the purchase of Russian crude oil exports. In April, Chinese Russian oil imports increased 20% during the month prior to more than 1.3 million barrels per day, according to the KSE Institute, an analytical center of the kyiv Economics School.

Last week, Mr. Trump He said that the United States will impose a 25% rate on India’s assetsplus an additional import tax due to the purchase of Russian oil India. The Indian Foreign Ministry said Friday that its relationship with Russia was “stable and proven in time.”

Stephen Miller, deputy director of Personnel of the White House and Policy Advisor, said Trump has been clear that “it is not acceptable” for India to continue financing the Ukraine War buying oil from Russia.

“People will be surprised to know that India is basically linked to China in the purchase of Russian oil,” Miller said in “Domingo Morning Morning” of News Channel. He said that the United States needs to “be real to deal with the financing of this war.”

Senator Lindsey Graham, republican of South Carolina, is Pressing for sanctions and tariffs on Russia and its financial sponsors. In April, he presented a bill that would authorize the president to impose tariffs up to 500% not only in Russia but in any country that knows “bought oil, uranium, natural gas, oil products or petrochemical products in Russia.

“The purpose of this legislation is to break the Chinese cycle, a communist dictatorship, buy oil below the market price of Putin, which empowers its war machine to kill innocent Ukrainian civilians,” Graham said in a June statement.

The bill has 84 copatrochinters in the 100 -seat Senate. A version of the corresponding house has been introduced, also with bipartisan support.

Republicans say they are ready to advance sanctions legislation if Trump asks them to do so, but the bill is waiting for now.

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