China warns US against expanding Iran sanctions to Chinese firms
China warns US against expanding Iran sanctions to Chinese firms China has warned Washington that it will retaliate if the Trump administration significantly expands its Iran-related secondary sanctions against Chinese companies. US Treasury Secretary Scott Bessent announced measures on Monday targeting companies in mainland China and Hong Kong. Washington stopped short of sanctioning major…
China has cautioned the United States that it will respond if Washington significantly broadens its Iran-related secondary sanctions targeting Chinese enterprises. Treasury Secretary Scott Bessent revealed steps on Monday aimed at companies in mainland China and Hong Kong. However, the US avoided sanctioning major Chinese financial institutions.
In a statement on Tuesday, a Chinese foreign ministry spokesperson declared that China would employ all required actions to firmly protect its rights and interests. They reiterated China's consistent stance opposing illicit unilateral sanctions lacking a basis in international law or UN Security Council authorization. The spokesperson emphasized the urgent need to de-escalate the situation and return to dialogue and negotiation as soon as possible.
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