China Warns Retaliation as Trump's Iran Tariff Threat Targets Discount Oil

• China warns of countermeasures after US President Donald Trump threatens 25% tariffs on countries doing business with Iran.
• The US tariff threat could disrupt Beijing's reliance on discounted Iranian oil, as China is Iran's largest oil buyer.
• China imported an average of 1.38 million barrels per day of Iranian oil last year, accounting for 80% of Iran's exports.
• The tariff threat comes as China is already adjusting to political upheaval in Venezuela, another discounted oil supplier.
• Analysts suggest Trump's moves highlight vulnerabilities in China's overseas energy strategy and could lead to a broader geopolitical squeeze.

Why It Matters: China vows retaliation against US tariffs targeting its discounted Iranian oil, escalating US-China economic tensions.