China warned on Friday that an additional 10 percent tariff on Chinese imports by the United States would "seriously impact dialogue" between the two countries on narcotics control, accusing Washington of "blackmail".

"Pressure, coercion and threats are not the correct way to deal with China. Mutual respect is the basic premise," foreign ministry spokesman Lin Jian said.

French Finance Minister Eric Lombard told AFP on Thursday that the European Union would "do the same" if the United States maintains 25 percent tariffs announced by President Donald Trump.

"It is clear that if the Americans maintain the tariff hikes, as President Trump announced, the EU will do the same," Lombard said on the sidelines of the G20 finance ministers meeting in Cape Town.

President Donald Trump said Wednesday that he plans to start selling a "gold card" visa with a potential pathway to U.S. citizenship for $5 million, seeking to have that new initiative replace a 35-year-old visa program for investors.

"I happen to think it'll sell like crazy. It's a market," Trump said. "But we'll know very soon."

Thousands of U.S. Agency for International Development workers who have been fired or placed on leave as part of the Trump administration's dismantling of the agency are being given a brief window Thursday and Friday to clear out their workspaces.

USAID placed 4,080 staffers who work across the globe on leave Monday. That was joined by a "reduction in force" that will affect another 1,600 employees, a State Department spokesman said in an emailed response to questions.

France is also seeking access to Ukraine 's deposits of critical minerals, with negotiations already underway for months, the French defense minister said Thursday, indicating that the United States isn't the only player.

Ukrainian leader Volodymyr Zelenskyy is expected Friday at the White House to sign a minerals deal with the United States. President Donald Trump made the announcement Wednesday.

Kyiv and Washington have agreed a deal to give the United States access to Ukrainian mineral resources, following a spat between U.S. President Donald Trump and Ukrainian leader Volodymyr Zelensky.

Key details of the accord remain unclear: exactly how much money is at stake? Will the deal provide security guarantees for Ukraine?

The European Union executive on Wednesday announced plans for a major revamp of its economic strategy to meet demands of the bloc's captains of industry who have long complained about excessive taxation, sky high energy prices and an overbearing bureaucracy that makes the bloc unattractive.

At the same time, environmental groups say that far-reaching deregulation and the boosting of conditions for energy-intensive companies will come at the cost to the EU's ambitious climate targets.

Finance ministers and central bank chiefs from the Group of 20 developed and developing nations gathered in South Africa on Wednesday for a two-day meeting marked by the absence of U.S. Treasury Secretary Scott Bessent and several other high-profile figures.

Bessent's absence follows a boycott of a G20 foreign ministers meeting in South Africa last week by U.S. Secretary of State Marco Rubio as the Trump administration has been openly critical of the country and its G20 themes. Bessent said he couldn't attend because of commitments in Washington.

Negotiations between U.S. and Ukrainian officials over continued American military aid in exchange for access to Ukraine's valuable mineral resources are gaining traction after a rocky start, something Kyiv hopes will help secure long-term support for its defense against Russia.

Ukraine has offered to strike a deal with President Donald Trump which would supply the U.S. with rare earth elements — critical for various technologies. Trump said that he wanted such a deal earlier this month, and it was initially proposed last fall by Ukrainian President Volodymyr Zelenskyy as part of his plan to strengthen Kyiv's hand in future negotiations with Moscow.

The U.S. on Monday imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and other jurisdictions for allegedly helping to finance Iran and its support for militant groups that launch attacks against the U.S. and its allies.

The U.S. Treasury and the U.S. State departments sanctioned more than 30 people and ships, including the heads of Iran's National Iranian Oil Co., and the Iranian Oil Terminals Co., for their role in brokering the sale and transportation of Iranian oil. The sanctioned ships move crude oil valued in the hundreds of millions of dollars, according to the Treasury.