Month: July 2026
China has sharply rejected proposed U.S. sanctions targeting countries that buy Russian oil and natural gas after being asked about legislation backed by President Donald Trump that could authorize tariffs of up to 100% on major buyers, including China. Beijing said it firmly opposes unilateral sanctions lacking U.N. authorization, vowed to take “all necessary measures” to protect Chinese businesses, and warned that economic coercion would “backfire.” The remarks underscore China’s refusal to accept U.S. pressure over its economic ties with Russia, setting the stage for a deeper confrontation between Washington and Beijing over Russian energy, global trade and sanctions.
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