What’s happening? The US wants G7 and NATO allies to slap 50-100% 'secondary tariffs' on China because it’s buying Russian oil.
'Secondary tariffs' mean taxes on anyone trading with a sanctioned country—like a penalty for hanging out with the wrong crowd.
China’s Ministry of Commerce spokesperson fired back, calling this economic coercion 🚫 and saying it breaks trust from recent state-level chats and risks global trade & supply chains.
Beijing says it’ll defend its rights & interests 'no matter what', and urges Washington to choose equal dialogue over unilateral moves.
PS: For our tech-loving friends from Mumbai startups to Manila gaming streams, these moves could sneak into your smartphone price tags and travel costs. Keep an eye on this! 📱✈️
Reference(s):
China opposes U.S. tariff demand on China over Russian oil purchase
cgtn.com