Totally crazy, 500% tax was raised to China
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On the 14th local time, US President Trump said he was very dissatisfied with Russia and threatened to impose 100% tariffs on Russia.
"We are very, very unhappy with (Russia). If we don't reach an agreement within 50 days, we will impose very severe tariffs. The tax rate is about 100%. Trump then mentioned the need to impose sub-tax tariffs, but did not specify them.
A White House official later explained to media reporters that Trump meant that if Russia and Ukraine could not reach an agreement within 50 days, the United States would impose 100% tariffs on Russia and sub-tariffs on countries that purchased Russian oil. The official did not give a detailed introduction to the secondary tariffs either.
"Secondary Tariffs" are extremely aggressive trade war tariff tools, essentially punitive tariffs targeting third countries.
Unlike traditional sanctions that directly restrict U.S.-Russia trade, it specifically targets neutral countries that maintain trade with Russia.
Specifically, the tariff imposes equivalent tariffs on countries and entities that purchase Russian export products. At present, it is not clear which export products of Russia will be threatened by Trump's "secondary tariffs", but strategic resources such as oil, natural gas and uranium are likely to be on the list, and this move directly involves trading partners such as China's foreign trade.
According to Beijing Daily, on July 15, Foreign Ministry spokesman Lin Jian presided over a regular press conference.
Russian reporter asked, saying that the Republican Federal Senator Graham threatened countries including China.If energy trade with Russia continues, it will face 500% tariffs.How does China respond?
Lin Jian said that China's position on the Ukrainian crisis has always been clear. We always believe that dialogue and negotiation are the only viable way to resolve the Ukrainian crisis. ChinaWe firmly oppose any illegal unilateral sanctions and "long-arm jurisdiction". There is no winner in the tariff war, and coercion and pressure cannot solve the problem.
It is hoped that all parties can further create an atmosphere and accumulate conditions to promote political resolution of the Ukrainian crisis, and do more things that are beneficial to persuading peace and promoting talks.
Russian reporters asked additional questions that Russian Foreign Minister Lavrov is visiting China. Can the spokesperson introduce the relevant situation of Foreign Minister Lavrov’s visit to China? What is the comment of the Ministry of Foreign Affairs on the Russian Foreign Minister’s visit?
Lin Jian responded that China has released news regarding President Xi Jinping’s meeting with Foreign Minister Lavrov and the Chinese and Russian Foreign Ministers’ Meeting. China and Russia maintain close and smooth communication at all levels, which is conducive to timely implementing the consensus reached by the heads of state of the two countries, promoting their respective development and revitalization, and jointly responding to the challenges brought about by the turbulent and changing world.
