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US President Donald Trump’s threat to slap a 25% tariff on countries that trade with Iran risks reopening old wounds with Beijing, Tehran’s biggest trading partner. Iran became a flashpoint in US-China ties during Trump’s 2017-21 first term as president as Washington tightened sanctions on Tehran and put China’s Huawei, accused of selling technology to the Islamic Republic, in its crosshairs. The arrest of Meng Wenzhou, the daughter of Huawei’s founder, in Canada at Washington’s request sparked retaliation and a hostage crisis, with bitter recriminations lingering for the remainder of Trump’s first administration. With Iran in his sights once again, the duty would see Chinese shipments to the US incurring levies exceeding 70%, higher than the effective 57.5% tariffs in place before Trump and Chinese President Xi Jinping struck a deal in October to de-escalate their trade war.It remains unclear which countries with Iranian business links Trump might target, and he has not named China. The US president has also made offhand remarks that threatened to upend US foreign policy without acting on them before.“China will call (Trump’s) bluff. I can assure you that Trump will not impose the extra 25% tariffs on China, and if he does, China will retaliate and he will be punished,” said Wu Xinbo, dean of the Institute of International Studies at Fudan University, “just like in Meng Wenzhou’s case.” Some Chinese experts questioned why Trump seemed intent on revisiting one of the most contentious foreign policy issues from his first term, despite having already made Beijing think twice about providing economic support to Tehran. “China and Iran are not as close as in the public imagination,” said a Beijing-based Chinese academic who advises the foreign ministry on Iran policy, and requested anonymity as they were not authorised to speak to media. China has sharply reduced Iranian imports in recent years, according to Chinese customs data, with Chinese companies wary of being sanctioned by the US government. China bought just $2.9bn of Iranian goods in the first 11 months of last year, the latest customs figures show, compared with a peak of $21bn in 2018 during Trump’s first presidency. That said, Beijing moves around 80% of Iran’s shipped oil through small independent refiners trading off the books to skirt US sanctions over the country’s nuclear ambitions.China’s state-backed oil majors have not done any business with Iran since 2022. Some analysts say the independents’ shipments means the total value of China’s purchases remains in the tens of billions of dollars. “China is just an excuse, a kind of disguise for the Trump administration, to impose new pressure (on) Iran,” said Wang Jin at the Beijing Club for International Dialogue think tank. When asked at yesterday’s regular press conference on Trump’s tariff threat, China’s foreign ministry said that Beijing would “resolutely safeguard its legitimate rights and interests”.Still, Iran remains substantially bigger business for China than Venezuela, where Trump acted to curb Beijing’s stake with a commando raid to capture President Nicolas Maduro to face drug charges in the US.Analysts said Trump’s renewed push to cut off Iran from global trade flows is likely to deepen scrutiny of Xi’s flagship Belt and Road Initiative, where Iran is a strategic hub for the passage of Chinese goods to the Middle East. Source link
Qatar’s Nasser al-Attiyah will lead the Dakar Rally into its second and final week after winning the sixth stage in the Saudi Arabian desert yesterday to take over at the top from South African rival Henk Lategan.Al-Attiyah, a five times Dakar winner now competing for the Dacia Sandriders, had been second overnight but turned a deficit of more than three minutes into a six-minute-and-10-second advantage over the 326km timed stage between Hail and Riyadh.Today is a rest day before the rally resumes in Riyadh tomorrow with seven more stages to the finish in Yanbu on the Red Sea coast on January 17. Al-Attiyah won yesterday’s stage by two minutes and 58 seconds from teammate and nine times world rally champion Sebastien Loeb, Dacia’s first Dakar one-two, with Toyota’s American Seth Quintero third. Overall, three different manufacturers filled the podium positions with Toyota’s Lategan second and Ford’s Nani Roma third 0û his first time on the virtual podium since 2019.Al-Attiyah, 55, has now completed 19 successive Dakars with at least one stage win every time. Yesterday was his career 49th stage win in the car category – one off the record held jointly by Ari Vatanen and ‘Mr Dakar’ Stephane Peterhansel.“I worked a lot today. The first five days were not always easy but today we tried to push. The car is working very, very well and I’m really happy,’ said al-Attiyah. “It’s fantastic to have the lead at the rest day. We need to follow this strategy for next week also. The first week was not easy, but we always tried to manage to not have any problems, we just had a few punctures. The last three days and the marathon stage were not easy. We tried to open on the second day of the marathon, but we are quite happy”.Spaniard Carlos Sainz, father of the Formula One driver and a four times Dakar winner still racing hard at the age of 63, was in fourth place for Ford with teammate Mattias Ekstrom fifth and Loeb sixth. American Mitch Guthrie, stage winner on Thursday for Ford, dropped to seventh from sixth.In the motorcycle category there was no change at the top, although leader and defending champion Daniel Sanders was handed a six-minute penalty for riding at 98kph in a zone limited to 50kph.KTM rider Sanders now leads Honda’s American Ricky Brabec, the stage winner after the Australian’s penalty, by 45 seconds with Argentine rider Luciano Benavides more than 10 minutes behind in third.”It was an emotional rollercoaster all day. Unfortunately, I got a speeding penalty, so that will set me back a bit,” said Sanders. “I just pushed as much as I could today but it’s hard to do good in the sand, especially opening. I did the best I could and I’ve got to stop making silly mistakes. I haven’t pieced this first week together so well.” Source link
New Real Madrid coach Alvaro Arbeloa insisted Tuesday he would be himself at the helm of the Spanish giants rather than trying to imitate Jose Mourinho.Arbeloa, who in his playing days at Madrid was an ally of his then coach Mourinho, has drawn comparisons to the Portuguese veteran for his approach to management.The 42-year-old former defender was appointed to replace Xabi Alonso on Monday after Real Madrid lost the Spanish Super Cup final against rivals Barcelona on Sunday.”I have not spoken to Jose yet. For me it was a privilege and an honour to be coached by Jose Mourinho,” Arbeloa told a news conference.”I have a great relationship with him… and obviously he was someone who influenced me a lot, I carry him within me.”(However) I am going to be Alvaro Arbeloa, because while it’s true I am not afraid of failing, and have never been, I’m sure that if I tried to be Jose Mourinho, I would fail spectacularly.”Mourinho, currently coaching Benfica, led Real Madrid between 2010 and 2013, winning one La Liga title.During that era he battled against Pep Guardiola’s dominant Barcelona when the fierce rivalry between the Catalans and Real Madrid was at its most bitter.Barca currently lead Madrid by four points at the top of La Liga and Arbeloa’s job is to revert the situation, although his first match in charge is at Albacete in the Copa del Rey last 16 on Wednesday.Arbeloa, who was coaching Madrid’s reserve side and previously working with the club’s youth teams before he was promoted, said success is the most important thing for the record 15-time European champions.”This club is winning, winning, and winning again. That demand on ourselves, showing the DNA of what brought us here, that has filled our trophy cabinets (is what I want),” continued Arbeloa.”When I was a player I received those values from the players in the dressing room, and for me that is the most important thing… to be able to excite the fans we have all over the world and try to leave those cabinets even more full.”That is my work, that is my obsession and what I will be living every day.”Madrid did not announce how long Arbeloa’s contract as first-team coach would be.”What I can tell you is that I’ve been here for 20 years, at home, and I will be at Real Madrid as long as they want me here,” added Arbeloa.”This is my home, that’s how I feel and that’s how it will always be.”No MbappeStriker Kylian Mbappe was absent as Arbeloa took charge of his first training session on Tuesday before the visit to face second-tier Albacete.Mbappe made his comeback from a knee sprain as a late substitute in the Spanish Super Cup final defeat by Barcelona on Sunday, but is likely to keep working on his recovery until next Tuesday’s Champions League match against his former side Monaco.A Real Madrid source told AFP it was “logical” that Mbappe was absent from training, given his knee issue.Former coach Alonso had admitted it was a calculated risk to involve Madrid’s top goalscorer in the match against Barca in Saudi Arabia.Arbeloa said he had a close relationship with Alonso, a former team-mate for Madrid and the Spanish national team.”Everyone here knows the bond that connects me to him, the friendship that connects me to him, how much I value him, how much I love him, and I know that’s mutual, has been mutual and will continue to be mutual,” said Arbeloa.Alonso, replaced after less than eight months at the helm, said on social media he was leaving the club having done the best he could.”Things didn’t go as I would have liked,” wrote the Basque coach on Instagram on Tuesday.”Coaching Real Madrid was an honour and a responsibility. I’m grateful to the club, the players and above all the fans for their confidence and support.”I leave respectfully, with gratitude, and the pride of having done the best I could.” Related Story Source link
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