The US Senate has proposed legislation that would impose up to 100% levies on Russia’s major oil and gas customers
China has vowed to protect its companies from proposed US tariffs targeting buyers of Russian energy, warning Washington that economic coercion and unilateral sanctions would ultimately backfire.
Speaking on Wednesday, Chinese Foreign Ministry spokesman Lin Jian responded to legislation introduced in the US Senate that would authorize tariffs of up to 100% on imports from the largest purchasers of Russian oil and natural gas, including China.
“China firmly opposes unilateral sanctions that have no basis in international law or…
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