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China Rejects US Call for Tariffs Over Russian Oil Imports, Citing Unilateral Bullying

The situation highlights the tension between major economic powers and the use of trade policies as...
Key Metrics

53.57

Heat Index
  • Impact Level
    Medium
  • Scope Level
    Global
  • Last Update
    2025-09-15
Key Impacts
Positive Impacts (4)
Gold
Crude Oil (Brent)
Rare Earths
Alternative Manufacturing Hubs in ASEAN (e.g., Vietnam Equities)
Negative Impacts (6)
Chinese Export Manufacturing Sector
U.S. Consumer Electronics Retailers
CNY/USD Exchange Rate
Global Container Shipping Industry
U.S. Dollar Index (DXY)
Soybeans
Total impacts: 10 | Positive: 4 | Negative: 6
Event Overview

The situation highlights the tension between major economic powers and the use of trade policies as a tool for political pressure. The event underscores the conflict between unilateral actions and multilateral cooperation in addressing global issues, with potential implications for international trade and geopolitical stability.

Collect Records
China Opposes U.S. Call for Tariffs on Chinese Goods
2025-09-15 16:40

China has opposed the U.S. demand for a 50%-100% tariff increase on Chinese goods by the G7 and NATO, citing China's purchase of Russian oil as the reason. China views this action as unilateral bullying and economic coercion, which goes against the consensus reached by the leaders of both countries. The Chinese government believes that such measures could severely impact global trade and supply chain stability. China is firmly against these actions and has stated it will take all necessary steps to protect its legitimate rights and interests. It calls on the U.S. to act prudently and resolve economic and trade differences through equal dialogue. Additionally, China hopes that relevant parties will work together with China to uphold the world trade order and supply chain security.

China Rejects US Call for Tariffs Over Russian Oil Imports
2025-09-15 15:49

During a regular press conference, Chinese Foreign Ministry spokesperson Lin Jian responded to the US's demand for G7 and NATO member countries to impose additional tariffs on China due to its import of Russian oil. The US also called for China to play a role in ending the conflict between Russia and Ukraine. Lin stated that the US approach is an act of unilateral bullying. He emphasized that China's position has always been clear, advocating that dialogue and negotiation are the only viable means to resolve the Ukrainian crisis. Since the outbreak of the crisis, China has maintained an objective and fair stance, promoting peace talks. Lin also expressed strong opposition to illegal unilateral sanctions and long-arm jurisdiction. He warned that if China's legitimate rights and interests are harmed, it will take resolute countermeasures to protect its sovereignty, security, and development interests.

Total records: 2
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