What if the US imposes a 500% tax on oil and gas exports to Russia? How should China respond?

Breaking News! The US May Impose a 500% Tax on Russian Oil and Natural Gas Exports, What Should China Do?

Russian media reports said that as part of its sanctions policy against Russia, the US may impose a 500% tariff on goods imported from countries that import Russian energy. This move would severely hit the American people and businesses.

According to public data, the total amount of energy imports from Russia to China: 675.7 billion yuan, accounting for 73.5% of China's total imports from Russia. It can be said that Russia's energy exports are heavily dependent on China.

So the question is, if China continues to import Russian oil, will the US impose a 500% tariff on Chinese goods? I think it's impossible. During the Sino-US trade war, the tariff scale was raised to 100%, and China has always stood firm without retreating. If the US imposes a 500% tax on China because China buys Russian oil and natural gas, it would be absurd and naive. Even if the US does so, China will not give up Russian energy. This is not only related to the diversification of energy strategy but also to the dignity of a country.

Original article: https://www.toutiao.com/article/1837072685600771/

Statement: This article represents the views of the author himself.