China warns retaliation as Trump's Iran tariff threat puts its cheap oil imports at risk
- Posted on January 13, 2026
- By Business News Today
- 3 Views
China warns retaliation as Trump's Iran tariff threat puts its cheap oil imports at risk
Trump announced on Monday that any country "doing business" with Iran will have to pay a 25 per cent tariff on its trade with the US, a move that could impact Tehran's major trading partners such as China, India and the UAE.