US sanctions Chinese entities, issues global warning on ‘Economic D-Day’ against Iran
The United States on Monday announced fresh sanctions against 60 entities in multiple countries, including China and Hong Kong, and issued a fresh warning demanding “immediate action” from nations maintaining economic and commercial ties with Iran. The actions announced on Monday are part of the Trump administration’s latest efforts to choke off Tehran economically after military strikes and…
The United States has imposed new sanctions on Chinese entities, warning of a global economic showdown against Iran. The Trump administration launched measures against 60 individuals, entities, and vessels, targeting entities in China and Hong Kong. These sanctions aim to cut off Iran economically, following failed diplomatic efforts to open the Strait of Hormuz and end the six-month conflict.
Beijing's foreign ministry condemned the sanctions, stating that China's cooperation with Iran is conducted within international law and should not be disrupted. US Treasury Secretary Scott Bessent declared that anyone aiding Iran's money laundering will be removed from the US dollar system. The campaign's success could hinge on whether Washington pressures China, Iran's major economic partner.
Despite new sanctions, China-based targets were not fully blacklisted, limiting Washington's leverage. China's embassy in Washington affirmed its opposition to unilateral sanctions and pledged to protect Chinese businesses' rights and interests.
Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
