{
  "id": 2187831,
  "title": "Iran's main trade partners at risk from Trump's 'economic warfare'",
  "url": "https://urgent.news/2026/08/20/irans-main-trade-partners-at-risk-from-trumps-economic-warfare-2187831",
  "topic": "world",
  "section": "World",
  "published": "2026-08-20T17:47:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/world/20260821/irans-main-trade-partners-at-risk-from-trumps-economic-warfare"
  },
  "original_language": "en",
  "account": "U.S. President Donald Trump has vowed to wage economic warfare on Iran, targeting any nation that engages in trade with the Islamic republic following a series of intermittent conflicts. The main nations potentially affected by this policy are China, the United Arab Emirates (UAE), and others.\n\nChina is Iran's largest trading partner, accounting for over a quarter of the country's trade. In 2024, Iran imported $18 billion and exported $14.5 billion worth of goods from China. Hydrocarbons, industrial alcohols, plastics, industrial machinery, electronic equipment, cars, and metals were among the primary traded items.\n\nBefore announcing a suspension of all trade with Iran, the UAE was another significant trading partner. According to WTO data, 30.6% of Iran's imports in 2024 came from the UAE, valued at approximately $21 billion. Iranian exports to the UAE totaled $6.4 billion in the 10 months leading up to January 2026, while imports from the UAE amounted to $14.81 billion.",
  "summary": "PARIS — U.S. President Donald Trump has pledged \"economic warfare\" against Iran, threatening any country that trades with the Islamic republic following months of stop-start hostilities. Here are the main players who could lose out if they continue to trade with Iran: China More than a quarter of Iran's trade takes place with China, with $18 billion in imports and $14.5 billion in exports in…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Ynetnews",
        "title": "Iran calls Trump's ‘Economic D-Day’ a 'distraction from America’s own crisis'",
        "url": "https://urgent.news/2026/08/20/iran-calls-trumps-economic-d-day-a-distraction-from-americas-own",
        "published": "2026-08-20T06:48:40.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "Trump says Iran's economy is collapsing. A former central bank adviser in Tehran pushes back",
        "url": "https://urgent.news/2026/08/20/trump-says-irans-economy-is-collapsing-a-former-central-bank-adviser",
        "published": "2026-08-20T08:38:11.000Z"
      },
      {
        "outlet": "Al-Monitor",
        "title": "China slams Trump over economic war on Iran: What to know",
        "url": "https://urgent.news/2026/08/20/china-slams-trump-over-economic-war-on-iran-what-to-know",
        "published": "2026-08-20T14:46:45.000Z"
      },
      {
        "outlet": "SABC News",
        "title": "Trump warns of economic consequences for any country supporting Iran",
        "url": "https://urgent.news/2026/08/20/trump-warns-of-economic-consequences-for-any-country-supporting-iran",
        "published": "2026-08-20T16:18:19.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Oil hits more than 3-week high as Trump tries to raise pressure on Iran",
        "url": "https://urgent.news/2026/08/20/oil-hits-more-than-3-week-high-as-trump-tries-to-raise-pressure-on",
        "published": "2026-08-20T16:52:03.000Z"
      },
      {
        "outlet": "Live Mint",
        "title": "Iran condemns Trump's new sanctions, calls them ‘economic terrorism,’ ‘crimes against humanity’",
        "url": "https://urgent.news/2026/08/20/iran-condemns-trumps-new-sanctions-calls-them-economic-terrorism",
        "published": "2026-08-20T17:03:39.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}