Trump admin unveils anti-Iran global sanctions plan, signals China not exempt

The Trump administration announced a strategy to isolate Iran's economy. The plan includes threatening secondary sanctions against entities that facilitate Iran's economic activities. The U.S. government will target companies and individuals that provide financial services, technology, or other support to Iran. The sanctions aim to restrict Iran's access to international markets and reduce its ability to generate revenue. The administration stated that the measures will be applied to all non‑U.S. entities that assist Iran, including those in China. The policy is part of a broader effort to pressure Iran over its regional activities. Sanctions will be enforced by Treasury Department.

Source: Trump admin unveils anti-Iran global sanctions plan, signals China not exempt