China retaliates as US Congress approves tariffs on Russian energy buyers

Key facts

• China has announced retaliatory measures in response to US Congress approving tariffs on Russian energy buyers.
• The US tariffs target buyers of Russian energy.

The United States Congress has passed legislation imposing tariffs on entities that purchase Russian energy. In response, China has declared its intention to implement retaliatory measures, signaling a deepening of trade friction between the two global economic powers. The specific details of China's retaliatory actions have not yet been disclosed.