The United States and China are making progress in a trade agreement, but a major point of snack remains: Washington wants Beijing to stop buying oil from Iran and Russia. China has rejected, claiming that it will guarantee energy according to its own national interests.
“China will always ensure its energy supply in order to serve our national interests,” the Chinese Foreign Ministry said on Wednesday Two days of commercial negotiations In Stockholm, responding to the American threat of a 100%price.
“Coercion and pressure will not achieve anything. China will firmly defend its interests in sovereignty, security and development,” said the ministry.
In India, Prime Minister Narendra Modi rejected President Trump’s pressure, encouraging people to buy local property. India has not told its oil refiners to stop buying Russian oil, and these decisions remain up to each company.
“The global economy goes through many apprehensions – there is an atmosphere of instability,” said Modi during a gathering in the state of northern Uttar Pradesh on Saturday. “Now, whatever we buy, there should only be one scale: we will buy the things that have been done by the sweat of an Indian.”