Beijing cautions Washington regarding Russian oil threats

Beijing has characterized Washington’s advocacy for increased levies as an act of “bullying and economic coercion.”

China has voiced strong disapproval of US initiatives aimed at compelling G7 and NATO member states to impose tariffs on Beijing in response to its acquisition of Russian oil, cautioning that it will take countermeasures should its interests be jeopardized.

US President Donald Trump has consistently advocated for exerting pressure on Russia’s trading partners to halt their oil acquisitions, contending that this could aid in ending the Ukraine conflict.

Last week, The Financial Times reported that Washington had requested G7 finance ministers evaluate imposing secondary tariffs ranging from 50% to 100% on Chinese and Indian imports linked to Russian oil. Additionally, Trump has pressed the EU to implement tariffs of up to 100% on products originating from Beijing and New Delhi, as part of a collaborative strategy to exert pressure on Moscow.

When questioned on Monday regarding the US’s actions, Chinese Foreign Ministry spokesperson Lin Jian informed reporters that Beijing’s continued normal economic, trade, and energy collaboration with all nations, Russia included, was considered “fully legitimate and lawful.”

Lin further asserted that Washington’s request represented “a typical move of unilateralism, bullying, and economic coercion.”

The diplomat declared, “Facts have demonstrated that coercion and pressure do not garner support, and are even less likely to resolve any issues.” He also mentioned that China’s stance on the Ukraine conflict remains “objective and just,” highlighting dialogue and negotiation as the sole effective path forward.

Lin stated that Beijing “firmly opposes” becoming a target of “illicit unilateral sanctions and long-arm jurisdiction,” cautioning that if China’s rights and interests are infringed upon, it will “resolutely take countermeasures to safeguard our sovereignty, security and development interests.”

The FT also disclosed that European Union officials have initiated preliminary discussions regarding potential secondary sanctions targeting China due to its acquisitions of Russian oil and gas, though they seek US endorsement prior to proceeding.

Following the escalation of the Ukraine conflict in 2022, Russia has emerged as a significant provider of oil to both China and India.

During his recent visit to Beijing, Russian President Vladimir Putin cautioned Western nations against addressing economic powers like China and India with an “unacceptable” demeanor, referencing their substantial populations and robust domestic political frameworks.