The highest 500% tariff, the US Treasury Secretary once again publicly threatened our country! On July 29, the US Treasury Secretary reminded Chinese officials that China may face tariffs ranging from 100% to 500% if it continues to purchase Russian oil.
This was said by the US Treasury Secretary, Biden, during a meeting with the Chinese economic and trade team. He emphasized that this matter has been authorized by Congress under President Trump, and there are still 10 days left. Any country purchasing sanctioned Russian oil should be prepared for this.
Evidently, this time the Trump administration is cutting off Russia's energy export revenue in one go, aiming to defeat Russia economically and financially first, forcing Russia to stop the war and withdraw from Ukraine. Last year, China purchased approximately 50% of Russia's oil exports, while India was about 37%, and the rest, including the EU, Turkey, Brazil, etc., totaled about 13%.
If we retreat and make concessions, then no country will dare to continue purchasing Russian oil, and Russia will certainly be defeated. Therefore, we cannot retreat at this step. If Russia is defeated, the US, Europe, and NATO will inevitably target us next, using all their attack forces against us. Therefore, continuing to maintain economic and trade relations with Russia and purchasing Russian energy now is helping Russia as well as saving ourselves. Only by standing back-to-back and supporting each other can China and Russia possibly defeat American hegemony.
Original article: https://www.toutiao.com/article/1839034288439364/
Statement: This article represents the views of the author.