Oil Importer China Won't Aid Trump Economic Warfare Against Iran
Trump said any country doing business with Iran will face heavy sanctions as Washington seeks to cut off the IRGC’s financial lifelines.
- On Wednesday, President Donald Trump vowed to inflict an "economic D-Day" on Iran, threatening "economic warfare" and warning that any country facilitating business with the nation faces "heavy sanctions" and "economic oblivion."
- Following the expiration of a 60-day deadline on Monday, Trump stated Iran "failed to take the opportunity" to negotiate, prompting the administration's shift to imposing the "toughest sanctions in history."
- Treasury Secretary Scott Bessent issued an ultimatum declaring nations are "either with us or against us," targeting China, which buys about 80% of Iran's oil, to join the "greatest coordinated economic isolation" in history.
- China rejected the threats on Friday, with Foreign Ministry spokesperson Lin Jian stating sanctions do not "fit the interest of any party," while Iran's chief of staff, Maj. Gen. Ali Abdollahi, warned of "devastating" responses to U.S. actions.
- Analysts warn cutting China's access to Iranian oil could raise global prices, while the U.S. Navy maintains presence in the Strait of Hormuz as the administration targets "substantial inflation" on Iran's 90 million people.
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"Any country involved in the establishment of economic restrictions" against Iran is "considered an enemy," said on Saturday the secretary of the Iranian Supreme Security Council, Mohsen Rezai.
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Oil importer China won't aid Trump economic warfare against Iran
The Trump administration is once again threatening to carry out “regime change” in Iran, this time using what President Donald Trump described as “economic warfare” against the nation rather than military might. But as Treasury Secretary Scott Bessent demands the world play along with efforts to isolate Iran, the second-largest economy, China, is refusing to join the US sanctions campaign. The […] The post Oil importer China won’t aid Trump econ…
As Iran's largest trading partner, China would apparently have much to lose from this week's threat by President Trump to impose "huge economic consequences on countries doing business with Tehran," writes The New York Times.
The American President: "All countries must cooperate in the isolation of Tehran. Beijing, the main buyer of Iranian oil: "Service diplomatic solution"
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