'Don't want to fight but ...': China blasts US over additional 100% tariff; calls out 'double standards'

‘Don’t want to fight but …’: China blasts US over additional 100% tariff; calls out ‘double standards’

The US-China trade war intensified on Sunday after Beijing accused Washington of “double standards” following President Donald Trump’s decision to impose an additional 100% tariff on Chinese goods. “The relevant US statement is a typical example of double standards,” China’s ministry of commerce said in a statement, according to Reuters.The ministry reaffirmed Beijing’s stance on…

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The US Treasury Department also sanctioned China-based Rizhao Shihua Crude Oil Terminal Co. Treasury said it has accepted more than a dozen of Iran's so-called shadow fleet vessels that evade the sanctions. REUTERS/Brian Snyder/File Photo

US cracks down on China-Iran oil trade: Sanctions 100 individuals, Chinese refineries, and fleet vessels

The United States on Thursday announced sanctions on around 100 individuals, entities, and vessels, including Chinese companies, accused of facilitating Iran’s oil and petrochemical exports, the Treasury Department said. Among those targeted were Shandong Jincheng Petrochemical Group Co, described as an independent “teapot” refinery in Shandong Province that purchased millions of barrels of Iranian oil…

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